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Purchasing Managers' Index. Purchasing managers' indexes ( PMI) are economic indicators derived from monthly surveys of private sector companies. The three principal producers of PMIs are the Institute for Supply Management (ISM), which originated the manufacturing and non-manufacturing metrics produced for the United States, the Singapore ...
The Singapore Institute of Purchasing and Materials Management ( SIPMM) is a not-for-profit, independent professional organisation founded in 1972 [4] with the aim to enhance managerial effectiveness of professionals in purchasing, logistics, materials and supply chain management. The mission of SIPMM is to lead professional competence in ...
Philip Poh. Philip Poh is a professor that developed the Singapore Purchasing Managers Index (PMI) in 1998. [3] After a successful pilot survey, the Singapore PMI was launched in January 1999 and the index has become a barometer of the Singapore manufacturing economy. In 2002, government officials in China sought the advice of Professor Poh to ...
The growth was caused by higher factory output, new orders, and new exports. The March reading of Singapore Purchasing Managers’ Index (PMI) rose 0.3 point from the previous month to record a ...
e. The Pollutant Standards Index ( PSI) is a type of air quality index used in Singapore, which is a number used to indicate the level of pollutants in air. Initially PSI was based on five air pollutants, but since 1 April 2014 it has also included fine particulate matter (PM 2.5 ). In addition to the PSI derived by averaging data collected for ...
The Straits Times Index ( abbreviation: STI) is a capitalisation-weighted measurement stock market index that is regarded as the benchmark index for the stock market in Singapore. It tracks the performance of the top 30 companies that are listed on the Singapore Exchange (SGX). The STI is jointly calculated by the SGX, the SPH Media Trust and ...
Singapore is ranked first worldwide for the ease of doing business by the World Bank for 2012, consecutively for 7 years. [5] Singapore is ranked the #1 most competitive country in the world. [6] Singapore is the 14th most expensive city in the world to spend a night in. [7] The Economist: Where-to-be-born Index 2013, ranked 6 out of 111 countries.
As of 8 June 2013, Singapore's unemployment rate is around 1.9% and the country's economy has a lowered growth rate, with a rate of 1.8% on a quarter-by-quarter basis—compared to 14.8% in 2010. 2015 and 2016 saw a downturn for the nation as GDP growth shrunk to just 2 percent.