Singapore's PMI dipped 0.2 points in January to 50.9, down from December’s 51.1 points. - ST FILE
SINGAPORE: Singapore’s manufacturing sector – like most of its Asian counterparts – is bracing itself for the impact from a looming trade war triggered by US President Donald Trump’s recently announced tariffs against key trading partners China, Canada and Mexico.
The purchasing managers’ index (PMI), a barometer of the sector, dipped 0.2 point in January to 50.9, down from December’s 51.1 points.
