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Singapore factory output posts surprise 3.4% rise in January - but can the lift last?

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Defying expectations of more decline, Singapore’s factory output rose in January on a surge in biomedical manufacturing, even as electronics remained in contraction, according to preliminary figures from the Economic Development Board (EDB) out on Wednesday.

DEFYING expectations of more decline, Singapore’s factory output rose in January on a surge in biomedical manufacturing, even as electronics remained in contraction, according to preliminary figures from the Economic Development Board (EDB) out on Wednesday.

Despite an earlier Chinese New...

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