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Singapore factory output rebounds 16.5% in March due to surge in pharmaceuticals

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On a seasonally adjusted month-on-month basis, manufacturing output increased 21.7 per cent in March. Without accounting for biomedical manufacturing however, output grew 2.5 per cent.

SINGAPORE'S factory output for March rebounded with a 16.5 per cent year-on-year jump on the back of a surge in biomedical manufacturing amid the novel coronavirus pandemic, said the Economic Development Board (EDB) on Friday.

Excluding biomedical manufacturing however, output remained...

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