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24.2% factory output jump in Sept raises Singapore GDP hopes

September's surge was driven by biomedical manufacturing's 89.8 per cent output growth, led by pharmaceutical output rising 113.6 per cent.


SINGAPORE'S factory output soared 24.2 per cent year-on-year (y-o-y) in September, giving a surprise boost to third-quarter gross domestic product (GDP) growth and raising hopes for full-year performance, with some economists revising their estimates.

Driven by a near-...

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