Manufacturing and services companies here expect business conditions to improve from July to December, compared with the second quarter of 2024.
This is on the back of growing demand in semiconductors, increased travel and consumer spending, two surveys out on July 31 showed.
A net weighted balance of 23 per cent of manufacturing firms anticipate an improved business situation for the months ahead, according to a study by the Economic Development Board (EDB). They also expect higher output in the third quarter of 2024, compared with the second quarter.
Among services companies, a net weighted balance of 13 per cent of companies expect a more favourable business outlook, a survey by the Singapore Department of Statistics (SingStat) showed. They also foresee higher revenue from July to September.
The net weighted balance is the difference between the weighted shares of positive and negative responses, with a positive figure indicating more optimism than pessimism.
Within the manufacturing sector, all clusters except biomedical manufacturing see better business prospects for the rest of 2024.
The electronics cluster is the most upbeat, with a net weighted balance of 40 per cent of firms projecting improved business conditions in the second half of 2024.
Denne historien er fra August 01, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra August 01, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
![PARISIANS' NOD TO THE GAMES](https://reseuro.magzter.com/100x125/articles/24723/1825664/DknVWSMEjwyOHF3Toe5sys/PARISIANS-NOD-TO-THE-GAMES.jpg)
PARISIANS' NOD TO THE GAMES
Event gets thumbs up from residents, who revel in the 'amazing' experience
![Weir moves from spinning wheels to spinning discs](https://reseuro.magzter.com/100x125/articles/24723/1825664/ADYnXO2KPENLWxME8P6sys/WEIR-MOVES-FROM-SPINNING-WHEELS-TO-SPINNING-DISCS.jpg)
Weir moves from spinning wheels to spinning discs
An emotional David Weir said on Sept 8 he had \"put his heart and soul\" into his Paralympic career, but now was the time for the British multiple champion to bring down the curtain on this chapter of his life.
![China's Paralympic success fails to hit home](https://reseuro.magzter.com/100x125/articles/24723/1825664/IynePT5rs1725837700556/CHINAS-PARALYMPIC-SUCCESS-FAILS-TO-HIT-HOME.jpg)
China's Paralympic success fails to hit home
As the Paris Paralympics entered the final day of competition on Sept 8, China's athletes have been revelling in rampant success but few in the country appear to be paying attention.
Treble for US cagers, Jiang gets 7th gold
The United States won a third consecutive men's Paralympic wheelchair basketball title on Sept 7, while teenage Chinese swimmer Jiang Yuyan collected a remarkable seventh gold of the Paris Games.
![BRONZE IS 'TOUGH' FOR FAVOURITE MA](https://reseuro.magzter.com/100x125/articles/24723/1825664/KZfLpVCiCBV4AumigTxsys/BRONZE-IS-TOUGH-FOR-FAVOURITE-MA.jpg)
BRONZE IS 'TOUGH' FOR FAVOURITE MA
Still, he can be proud of turning brutal encounter with bear into glorious career
Indonesia can hurt us: Aussie captain
Australia captain Mathew Ryan has stressed that the Socceroos cannot afford to underestimate Indonesia on Sept 10, as they go into their World Cup qualifier in Jakarta needing to bounce back from the surprise last-gasp loss to Bahrain five days earlier.
![Wirtz and Musiala are hard to stop, says Nagelsmann](https://reseuro.magzter.com/100x125/articles/24723/1825664/JBZe82yk0iNxinwJwsRsys/WIRTZ-AND-MUSIALA-ARE-HARD-TO-STOP-SAYS-NAGELSMANN.jpg)
Wirtz and Musiala are hard to stop, says Nagelsmann
Germany coach Julian Nagelsmann has two reasons to be optimistic in Florian Wirtz and Jamal Musiala, and he believes that his team will be hard to beat when the duo \"step on the gas\".
!['PROUDEST DAY' ON CARSLEY'S DEBUT](https://reseuro.magzter.com/100x125/articles/24723/1825664/tLdqGha6mkxtRmZPWcssys/PROUDEST-DAY-ON-CARSLEYS-DEBUT.jpg)
'PROUDEST DAY' ON CARSLEY'S DEBUT
England's interim boss lauds the players for smooth 2-0 win over his native Ireland
![Coaching makes me forget my age: Prasad](https://reseuro.magzter.com/100x125/articles/24723/1825664/43iGa9aqd1725837488273/COACHING-MAKES-ME-FORGET-MY-AGE-PRASAD.jpg)
Coaching makes me forget my age: Prasad
Cricket coach Sarika Siva Prasad is trim, fit and sports a head of black hair the moustached senior easily looks decades younger than 65.
![BATTLE FOR FINAL PLAY-OFF SPOT HEATS UP](https://reseuro.magzter.com/100x125/articles/24723/1825664/Wbj05KoLjP3m3egLDFXsys/BATTLE-FOR-FINAL-PLAYOFF-SPOT-HEATS-UP.jpg)
BATTLE FOR FINAL PLAY-OFF SPOT HEATS UP
Dallas cannot afford another loss but Chicago have lost star Reese for the season