The Business Times
business-time-50
OUTLOOK 2025

Singapore manufacturing expected to stay strong in 2025, though Trump’s trade policies cloud outlook

The lynchpin electronics sector should still lead growth, though geopolitical risks and US tariffs could weigh on the outlook

Renald Yeo

Renald Yeo

Published Thu, Jan 2, 2025 · 05:00 AM
    • For the first 11 months of the year, overall manufacturing output was up 3.5 per cent year on year.
    • For the first 11 months of the year, overall manufacturing output was up 3.5 per cent year on year. PHOTO: YEN MENG JIIN, BT

    SINGAPORE’S manufacturing sector is set to sustain robust growth in 2025, though expectations have been tempered by uncertainty surrounding incoming US president Donald Trump’s trade policies.

    “Overall, we view the manufacturing sector quite favourably for continued growth in 2025,” said Lennon Tan, president of the Singapore Manufacturing Federation (SMF).

    “Of course, the caveat is always how the evolving geopolitical landscape may change things and disrupt supply.”

    Outlook 2025Singapore manufacturingindustrial productionManufacturingElectronics manufacturingSingapore electronicsSemiconductors

    TRENDING NOW

    Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

    Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

    HPL says it has not made any decision to sell or redevelop its properties, following a report that Hongkong Land is in talks to acquire a majority stake in three of its buildings.

    Stocks to watch: HPL, Aims Apac Reit, Zico, Advanced Systems Automation, ComfortDelGro

    Robots for various purposes from caregiving to making coffee on display at the Shanghai Humanoid Robot Innovation Incubator.

    ‘How many will survive?’: Bubble fears arise as China’s humanoid robotics face reality check

    The three local banks make up a third of SGX’s September turnover, up from 26% a year earlier; STI stocks account for 80% of all trading value.

    Smaller board lots can’t fix a market run by three banks

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More