Singapore manufacturing

Output in the key electronics sector is up 35.8%, easing from April’s 40.3% increase

More now see Singapore’s central bank tightening policy in July, though majority still expect it to hold

Sector-level margin pressure appears more manageable than the headline cost data initially suggests

This marks the index’s highest reading since December 2024

They increasingly view the city-state not just as a sales outpost, but also as a base to serve the rest of South-east Asia

All clusters, except chemicals and biomedical manufacturing, record growth

MTI revises Q1 GDP growth upward to 6%; UOB, Maybank raise their full-year forecasts

By keeping high-value functions here and moving production out, local manufacturers are doing just what the Economic Strategy Review proposes

Cost, labour and competitive pressures push manufacturers to artificial intelligence, advanced engineering