Many manufacturing firms expect employment levels in the third quarter to remain similar to the second quarter. - ST/ANN
SINGAPORE (The Straits Times/ANN): Firms in Singapore's manufacturing and services industries remain pessimistic about the business outlook for the second half of the year, amid the ongoing coronavirus pandemic and uncertain global trade and macroeconomic conditions.
Their sentiments were captured in separate surveys released by the Economic Development Board (EDB) and the Department of Statistics (SingStat) on Thursday (July 30).
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