Singapore factory growth tipped to carry over into 2021 - but capped by high base

FACTORIES are back in business.

Anchored by the electronics and biomedical clusters, Singapore manufacturing returned to growth last year, preliminary numbers released by the Economic Development Board (EDB) on Tuesday indicate.

Industrial production rose by 7.3 per cent year on year last year, reversing the 1.5 per cent decline in 2019.