You are here

Singapore's factory output ends on a weak note

Out of the six manufacturing clusters, only two - biomedical manufacturing and transport engineering - saw expansion

For the full-year, the trajectory of Singapore's manufacturing sector is clear: output grew by 7.2 per cent in 2018, a marked slowdown from 10.4 per cent in the previous year.


SINGAPORE'S factory output ended the year on a dismal note as it failed to meet economist expectations in the last month of 2018 - a signal that the manufacturing sector is fast losing its momentum with the peaking of the electronics cycle and slowing global demand.


Market voices on: