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......
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......
This is the 22nd consecutive month that the manufacturing PMI has remained above the 50-point mark. The country's manufacturing sector performance gained momentum in May as companies lifted output......
However, predictions that economic conditions will normalise after the elections underpinned optimism regarding the outlook and supported a stronger upturn in employment. Illustration: Uttam......
Firms seem to have adopted a wait-and-see approach on their plans until public policies become clearer upon the formation of a government. The country's manufacturing sector performance eased to......