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SINGAPORE ECONOMY

Electronics, biomed clusters spur Q4 manufacturing growth

But transport engineering, general manufacturing continue to contract

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Economists say, however, that the strong showing by the electronics manufacturing cluster, which was replicated across the region, is unsustainable.

Singapore

THE electronics and biomedical manufacturing clusters powered the expansion of the manufacturing sector, which grew 6.5 per cent year on year in the final quarter of 2016.

This is a jump from the 1.7 per cent growth in the previous quarter, as shown by advanced estimates

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