How's the outlook for 2017?

[Royston]

Good for my work building new building but scare I cannot tahan the job more & more shit to do afew times dream nightmare also about work...... so overall bad for me.

[hkh]

Originally Posted by Royston

Good for my work building new building but scare I cannot tahan the job more & more shit to do afew times dream nightmare also about work...... so overall bad for me.

Still better than dream nightmare about no work right ??

[richardg]

Originally Posted by hkh

Local motor workshop going to earn no eat liao.......

maybe more electronics, more breakdowns, more recalls
better for workshop?

[LauLanChu]

Car getting complicated now as I got some repair that normal workshop cannot do. Either got no electronic parts or cannot decode the program.

[hkh]

Originally Posted by richardg

maybe more electronics, more breakdowns, more recalls
better for workshop?

Provided these electronics items are non-proprietary........ else local workshops can't repair.......

[ThErMuS]

construction is bad.. very little jobs outside and pricing are very competitive now...

[loveikan]

Originally Posted by ThErMuS

construction is bad.. very little jobs outside and pricing are very competitive now...

Govt will support heavily the industry this year.

[richardg]

it seems production of new iphone and samsung mobile phones is responsible for the surge in demand for production line equipment which includes cameras and industrial pc and pc accessories.
Can look forward to good nodex figure in coming months.

[tangmulong4488]

Healthcare is good, as usual aging population and people unwilling to work in health care

[richardg]

Factories busiest in over two years on Chinese demand
BY
ANGELA TENG
angelateng@mediacorp.com.sgPUBLISHED: 9:00 PM, APRIL 3, 2017UPDATED: 9:11 PM, APRIL 3, 2017
SINGAPORE — Manufacturing activity in Singapore expanded for the seventh straight month in March to its highest reading in more than two years, with economists saying growth is likely to be sustained this year, driven by Chinese demand for electronics and other goods.

The Purchasing Managers’ Index (PMI) rose 0.3 point from the previous month to 51.2 in March, showed data from the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday (April 3), above the 50-point mark that separates expansion and contraction. The performance is the best since November 2014, when the gauge was at 51.8 points.

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The faster rate of expansion was attributed to higher new orders and new exports, higher factory output, as well as higher inventory and employment. The sub-index for electronics — which accounts for one-third of the Republic’s manufacturing performance — gained 0.4 point from the previous month to 51.8.

“Growth continues to stretch on particularly strong electronic numbers and gels with strong industrial production data. We are seeing external demand driving this growth. Exports to China, namely electronics, precision engineering and biomedical manufacturing products, will continue well into the second half of this year,” said UOB economist Francis Tan.

Manufacturing output rose 12.6 per cent in February from the same month a year earlier, showed data from the Economic Development Board last month. The growth was driven by the electronics, precision engineering, general manufacturing and chemicals clusters.

In China, the world’s manufacturing hub, the private sector Caixin/Markit manufacturing PMI softened to 51.2 points in March from 51.7 points in the previous month. Although the gauge, which focuses on small and medium-sized firms, showed a slowdown in growth, activity stayed solidly in expansionary territory.

The official China PMI, which mostly covers larger state-owned manufacturers, improved 0.2 point from the previous month to 51.8 points.

Despite the strong performance in Singapore’s factory sector, analysts warn that risks remain on the horizon, including China tightening monetary policy, as well as political tensions between the United States and China undermining global trade flows.

“We do see risks coming from a potential slowdown in smartphone demand from China, as well as possible impact from China tightening its monetary policy to add to a cooling in manufacturing activity,” said Credit Suisse analyst Michael Wan.

Ms Selena Ling, head of treasury research & strategy at OCBC Bank, said tensions between the world’s two largest economies could threaten to cloud investor confidence going into the second quarter.

“Of particular interest would be the Trump-Xi meeting, where the US-China trade deficit is likely to top the discussion agenda, and any antagonistic moves could engender an outsized financial market reaction in the near term,” she said.