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SINGAPORE ECONOMY

24.2% factory output jump in Sept raises Singapore GDP hopes

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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

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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