Growth finally back in services sector; PMI stood at 52.7

While manufacturing firms cut jobs for the first time in 20 months to sharply reduce costs, services providers continued their hiring spree. Growth returned to the services sector as activity......

Poll season pulls services sector growth to 1-yr low

The country's services sector activity increased at the slowest pace in a year in May, as disruptions arising from the elections in the earlier part of the month hampered the growth of new work......

Services sector output growth at 7-month low in April

However, predictions that economic conditions will normalise after the elections underpinned optimism regarding the outlook and supported a stronger upturn in employment. Illustration: Uttam......

Services PMI slips second month in a row

On the other hand, jobs increased for the 10th straight month in the manufacturing sector, albeit only slightly Rising expenses and a slowdown in new orders in the domestic market hit the widely......