World

ASEAN

Production further shrinks in October in Singapore

Singapore’s overall factory activity sank further in October, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) has shown.
Production further shrinks in October in Singapore ảnh 1Illustrative image (Photo: AFP)

Singapore (VNA) – Singapore’s overallfactory activity sank further in October, data from the SingaporeInstitute of Purchasing and Materials Management (SIPMM) has shown.

The Purchasing Managers’ Index (PMI) dipped afurther 0.2 point to post a second straight month of contraction at 49.7 inOctober.

A reading below 50 on the index indicatescontraction from the previous month; one above 50 means growth. The October’sreading was attributed to a faster contraction in the key indices of neworders, factory output and inventory, SIPMM said.

The electronics PMI slid 0.3 point to 49.1 as aresult of a sharper contraction in the key indices of new orders, new exports,factory output, inventory and employment.

According to analysts, uncertainties in theglobal trade environment, coupled with mounting cost pressures, are weighing ondemand despite the year-end festive season./. 

VNA
#Singapore’s overall factory activity #Vietnamplus #Vietnam News Agency #Singapore Institute of Purchasing and Materials Management #Purchasing Managers’ Index Singapore
Follow VietnamPlus

Related News

Singapore aims to be a global crypto hub

Singapore aims to be a global crypto hub

Singapore wants to be a global crypto hub, but not be a centre for trading and speculating on cryptocurrencies, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), has said.

See more

(Photo: pib.gov.in)

India, ASEAN step up talks to upgrade trade in goods agreement

India and ASEAN signed AITIGA in 2009 to promote trade liberalisation and expand economic ties. However, changes in trade patterns, supply chains and the global economic environment have created a need to update the agreement to reflect current conditions.

Deputy Prime Minister Ho Quoc Dung (right) meets with Mark Armstrong, Pasqal’s Chief Commercial Officer for Europe, the Middle East, and Africa and Asia-Pacific, in Hanoi on October 12. (Photo: chinhphu.vn)

Vietnam, France promote quantum technology cooperation

The Deputy PM welcomed Pasqal, a French company specialising in neutral-atom quantum computing, for exploring cooperation with Vietnam. He also recognised Vietnamese technology group FPT’s pioneering investment in quantum technology and artificial intelligence research and training.

Officials pose for a group photo at the opening ceremony of the fourth ASEAN–China Justice Forum in Da Nang on October 10, 2026. (Photo: VNA)

Da Nang hosts fourth ASEAN–China Justice Forum

The forum offers a venue for participants to share experience in handling cross-border criminal cases and civil and commercial disputes, as well as to explore ways for more effective cooperation in line with national laws and international treaties.

At the launch of the ASEAN+3 Financial Stability Report 2026 and the ASEAN+3 Regional Economic Outlook (AREO) October Update. (Photo: amro-asia.org)

ASEAN+3 forecast to maintain 4.1% growth

Most economies in the region continue to have sound external positions and adequate foreign exchange reserves. The banking system remains well-capitalised, liquid and profitable, while corporate and household debt-to-GDP ratios have generally declined. Public debt-to-GDP ratios have also broadly stabilised.

Ambassador Do Hung Viet, Permanent Representative of Vietnam to the UN, speaks at the general debate of the Third Committee of the 81st session of the UN General Assembly in New York on October 6, 2026. (Photo: VNA)

Vietnam, ASEAN highlight inclusive social development at UN

ASEAN will continue to work closely with the UN under the ASEAN–UN Plan of Action for 2026–2030, helping translate commitments to social development into concrete and sustainable outcomes and bring tangible improvements to people's lives, particularly those of vulnerable groups, Ambassador Do Hung Viet affirmed.

Malaysia calls on ASEAN to jointly tackle haze

Malaysia calls on ASEAN to jointly tackle haze

Malaysian Minister of Natural Resources and Environmental Sustainability Arthur Joseph Kurup said on October 6 as host of the 28th Sub-Regional Ministerial Steering Committee (MSC) Meeting in 2027, Malaysia would use its chairmanship to translate the ASEAN Agreement on Transboundary Haze Pollution (AATHP) into concrete action by enhancing data sharing, improving law enforcement and cross-border cooperation.

Singapore proposes boosting the ASEAN power grid. (Illustrative photo: VNA)

Singapore outlines priorities for 2027 ASEAN Chairmanship

Singapore’s Minister for Sustainability and the Environment Grace Fu said at the recent launch of the Southeast Asia Climate Outlook Survey 2026 that ASEAN should focus on building up its regional power grid, boosting climate finance and increasing its resilience against climate change impacts.

The ASEAN Law Enforcement High-level Conference on Cooperation in Combating Criminal Fugitives takes place in Hanoi on September 30. (Photo: VNA)

ASEAN steps up cooperation in fight against criminal fugitives

Participants discussed and agreed on strategic solutions to improve cooperation through ASEAN’s multilateral and bilateral mechanisms. They adopted the conference's joint statement and agreed on a draft joint action plan to strengthen cooperation in combating criminal fugitives.

Delegates at the opening ceremony of the ASEAN Law Enforcement High-level Conference on Cooperation in Combating Criminal Fugitives in Hanoi on September 30 (Photo: cand.vn)

Vietnam hosts ASEAN conference on combating fugitive criminals

Minister of Public Security General Luong Tam Quang said amid deepening globalisation and international integration, transnational crime in general and crimes committed by wanted persons in particular have become increasingly complex, posing major challenges to law enforcement agencies in the region and around the world.

Vansy Kuamua, Deputy Head of the Lao People’s Revolutionary Party (LPRP) Central Committee’s Commission for Propaganda and Training (Photo: VNA)

ASEAN boosts media cooperation in digital era

The meeting, held in the Lao capital of Vientiane from September 28-29, brought together representatives from ASEAN member states and the ASEAN Secretariat to strengthen regional cooperation in information and media.

Workers make clothes for export at Nha Be- Hau Giang Garment JSC in Vi Thanh ward, Can Tho city. (Photo: VNA)

Vietnam sustaining exceptional growth: economist

Vietnam is the resilience story. Its projected growth moderates slightly from its exceptional post-2016 pace, but remains around 5% — a rate that would be remarkable for most advanced economies.

Timor-Leste prepares legal instruments for ASEAN integration

Timor-Leste prepares legal instruments for ASEAN integration

Vice Minister for ASEAN Affairs Milena Rangel said the Ministry of Foreign Affairs and Cooperation of Timor-Leste is coordinating with other ministries and agencies to develop and finalise necessary legal instruments for integration, with nearly 50 targeted for completion in 2026 - 2027.

ASEAN, Hong Kong revise investment pact to strengthen protection

ASEAN, Hong Kong revise investment pact to strengthen protection

The protocol provides for fair treatment of businesses, free movement of investment capital and profits, and compensation for losses caused by war, conflict or other circumstances. It is expected to strengthen legal protection, improve the investment environment and encourage greater investment flows.