October factory output rises amid doubts about manufacturing strength
Volatile biomedical segment up 11.3% year on year, driving the overall sector's 1.2% expansion
Singapore
SINGAPORE'S factory output expanded again in October after an exciting September, although there are signs that the pickup may not last.
It grew 1.2 per cent year on year in October, in comparison to a revised 7.7 per cent growth in September, figures from the Economic Development Board (EDB) showed on Friday. September's number itself was revised upwards from 6.7 per cent earlier.
When compared to September, October's output still seemed pretty f…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
HSBC says growing Chinese wealth fuels client investments in US
Discussion on EU-Asean FTA has shifted towards cooperation in specific areas: DPM Heng
US core capital goods orders rise moderately in March
Chinese tourists are again embracing international travel
Abu Dhabi raises US$5 billion with first eurobonds in three years
Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official