SINGAPORE (Nikkei Markets) -- A government survey shows Singapore manufacturers have become more optimistic about prospects but economists say the sector's recovery will be delayed as the coronavirus outbreak in China rattles global markets.
According to a quarterly business expectations survey by the Singapore Economic Development Board carried out in December and January, a net weighted 12% of manufacturers expect business conditions to improve in the next six months, a sharp turnaround from October when a net 5% said they were pessimistic about prospects.
