The Business Times
business-time-50
OUTLOOK 2025
·
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
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

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    The message was sent with addresses under the carbon copy feature instead of blind carbon copy, meaning that all recipients could see all the other e-mail addresses in the chain. 

    LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature 

    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