SINGAPORE, July 3 (Reuters) - Manufacturing activity in Singapore expanded for a second consecutive month in June as orders and production increased but employment in the sector fell for the 12th straight month, the latest Purchasing Manager's Index (PMI) showed.
The PMI stood at 50.4 points in June, unchanged from May and stayed above the 50-point threshold that signals manufacturing is growing rather than contracting, the Singapore Institute of Purchasing & Materials Management (SIPMM) said on Tuesday.
The sub-index for employment, however, slipped to 49.5 from May's reading of 49.8. Full story
