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SINGAPORE ECONOMY

Manufacturing still has important role: MTI

Its productivity growth is ahead of others; study shows it has greater spillover effects on economy than services

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Despite manufacturing's prolonged decline, the sector is still important to the Singapore economy, said a senior government official, even as the Ministry of Trade and Industry (MTI) released data showing that manufacturing contracted more than expected in the fourth quarter.

Singapore

DESPITE manufacturing's prolonged decline, the sector is still important to the Singapore economy, said a senior government official, even as the Ministry of Trade and Industry (MTI) released data showing that manufacturing contracted more than expected in the fourth quarter.

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