SUBSCRIBERS

Manufacturing sector grows by 3.5% in H1 2020

Mindy Tan

Mindy Tan

Published Tue, Aug 11, 2020 · 09:50 PM

    Singapore

    BIOMEDICAL manufacturing and precision engineering clusters helped grow the manufacturing sector in the first half of this year, contributing 5.0 percentage points and 1.5 percentage points respectively.

    The sector grew by 3.5 per cent year-on-year in H1 2020, with most of the growth clocked in Q1. The sector contracted by 0.7 per cent in Q2, reversing the 7.9 per cent growth in Q1.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.