Economic Development Board of Singapore (EDB)

Excluding biomedical manufacturing, output fell by 5.2%.

On a seasonally adjusted month-on-month basis, manufacturing output decreased by 1.2% in November.

The y-o-y contraction was due to declines in the electronics, chemicals and the biomedical manufacturing clusters.

Looking ahead, a net weighted balance of 17% of manufacturers expect lower output in the 4Q2022 for the next six months.

UOB says it is upbeat on Singapore’s manufacturing sector for 2022, especiallywith the recovery in transport engineering sector.

The US remains the largest source of investments at 67% of the total amount.

Dalio's principles can be applied to policy-making and not just investing, says WMI CEO Foo Mee Har

A recent survey commissioned by Singapore’s Economic Development Boards (EDB) found that 60% of manufacturers here expect business conditions to worsen in the next six months.

SINGAPORE (Dec 26): Singapore’s industrial output unexpectedly fell in November, marking its biggest drop in four years, in an indication that any recovery in the Asian bellwether economy is likely to be patchy.

SINGAPORE (Sept 26): Singapore’s factory output plunged in August by the most in almost four years, a sign that the city state’s manufacturing downturn could be deepening.