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SITT Tatt Bhd, which is changing its core operation from industrial gas, is expected to make a smooth transition into the semiconductor business and reap the benefits from the expected strong rebound in the chip market in the 2nd quarter of this year.
B>Singapore:/BThe city-state#8217;s economic outlook, already darkened by the onset of war in Iraq and the impact of a deadly flu-like virus, took another blow yesterday when a key index of new factory orders pointed to shrinking manufacturing output ahead.
Singapore's manufacturing sector expanded in June after three months of contraction, the latest survey of purchasing managers showed, suggesting the economy may be recovering as the impact of the deadly Severe Acute Respiratory Syndrome (SARS) outbreak fades.