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Singapore’s Manufacturing and Electronics PMI Both Rise in November, Sustaining Industrial Momentum
Published Time：
2025-12-03 13:24
Source：
According to the latest data released by the Singapore Institute of Purchasing and Materials Management (SIPMM) on December 2, Singapore’s Manufacturing Purchasing Managers’ Index (PMI) rose to 50.2 in November, marking the fourth consecutive month of expansion. The Electronics PMI also increased slightly to 50.6, maintaining growth for six consecutive months. This indicates that, despite global demand adjustments and ongoing regional economic uncertainties, Singapore’s manufacturing and electronics sectors continue to demonstrate solid resilience.
The improvement in PMI this month was mainly driven by accelerated expansion in new orders, new export orders, and input purchasing activities. Factory output and supplier delivery indices, which had briefly contracted last month, returned to expansion, while the future business activity index rebounded after seven consecutive months of contraction, reflecting cautious optimism among enterprises regarding upcoming business prospects. Although the employment index remains in contraction, it has improved slightly compared to the previous month, showing that companies maintain a prudent approach to workforce expansion in the early stages of growth.
In the electronics sector, sustained global demand for artificial intelligence chips, server hardware, and data center infrastructure has provided strong support, while seasonal consumption in electronics also contributed to overall demand growth. Economists noted that, although the sector continues to grow, future market trends next year will need close monitoring due to factors such as U.S. tariff policies and the AI demand cycle.
Regionally, the performance of manufacturing sectors in Asia shows divergence. China, Taiwan, and South Korea remain in contraction zones but have improved compared to the previous month. Malaysia, meanwhile, rebounded to 50.1, returning to expansion. In contrast, Singapore has maintained consecutive months of expansion, demonstrating the stability and competitiveness of its industrial foundation.
As manufacturing and electronics sectors continue to strengthen, the demand for cross-border business support, financial compliance, human resource management, and operational efficiency has increased. FOZL Group, headquartered in Singapore, has been providing professional corporate services to over 2,000 clients since its establishment in 2011. The Group operates regional centers in Singapore, Malaysia (Johor Bahru), China (Suzhou), and Germany (Freiburg), and has established strategic partnerships with institutions under the Indonesian Chamber of Commerce, forming a service network covering Asia and Europe.
FOZL provides one-stop corporate services, including company registration, corporate secretarial and compliance services, accounting and auditing, human resources and payroll management, work pass and visa applications, trademark and intellectual property registration, as well as cross-border company establishment and corporate advisory services. Leveraging its extensive experience with multinational clients and professional qualifications, FOZL is committed to being a reliable long-term partner, supporting businesses in Singapore and across the region to grow and operate successfully.
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