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Singapore Factory Growth Defies Supply Chain Crisis as Trump Eyes Hormuz Renaming | Lavamgam

World News

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Singapore Factory Growth Defies Supply Chain Crisis as Trump Eyes Hormuz Renaming

Singapore's manufacturing sector expanded for a 13th straight month in August, with the Purchasing Managers' Index rising to 51.5 points, its highest level since November 2018. This growth, powered by strong AI and semiconductor demand, occurred despite worsening supply chain disruptions from the ongoing Iran conflict, which has crippled supplier deliveries and raised input costs.