Staff Reporter
,
Singapore
Photo by Louis Reed on Unsplash
Excluding the biomedical manufacturing segment, output would’ve decreased by 5.9% YoY.
Singapore’s manufacturing output fell by 3.2% YoY and 16.0% MoM, the latest data released by EDB Singapore revealed.
Excluding biomedical manufacturing, which recorded a 34.3% YoY contraction, March’s manufacturing output would have fallen by 5.9% YoY and 8.7% MoM.
Apart from biomedical manufacturing, electronics (-11.3% YoY), general manufacturing (-3.2% YoY), and transport engineering (-9.7% YoY) also recorded lower output in March.
On the other hand, precision engineering and chemicals recorded output increases, growing 3.2% YoY and 4.2% YoY, respectively.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!