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Singapore manufacturing output rises 8% in Oct

Electronics going strong while biomed sector posts 2.3% contraction

Published Tue, Nov 26, 2013 · 10:00 PM
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[SINGAPORE] Another double-digit jump in electronics output boosted Singapore's manufacturing performance in October, and economists expect the sector to continue to power industrial growth in the months ahead.

Even so, the 8 per cent rise in industrial production fell short of market expectations, dragged down by a 2.3 per cent contraction in the biomedical manufacturing cluster.

Excluding the volatile biomedical sector - which shrank on a 6.9 per cen…

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