Economic Development Board Singapore

The Singapore Economic Development Board (EDB), the lead government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent.

See below for the Latest Economic Development Board Singapore News, Analysis, Profit Results, Share Price Information, and Commentary.

Chip downturn poses threat to manufacturing growth in 2023: analysts

Manufacturing output will continue to slowdown in 2022 to 2023.
5 days ago

Chip downturn poses threat to manufacturing growth in 2023: analysts

Manufacturing output will continue to slowdown in 2022 to 2023.
5 days ago

Trade challenges weakened manufacturing production: analysts

Decrease in exports and decline in manufacturing index affected manufacturing.

Manufacturing output up 0.9% in September: EDB

Only biomedical, electronics and chemicals segments posted decline.

Logistics sector is seen to generate yearly VA growth of $6.9b by 2025: Gov't

This will be through efforts of Industry Transformation Maps.

Gov't to increase partnerships between SMEs, international aerospace firms

The government is backing small and medium-sized enterprises' global performance.

Chart of the day: Manufacturing output growth slows down in July

Manufacturing output grew by only 0.6% compared to 2.6% in June.

Chart of the day: Transport engineering output shoots up 32% in June

Output in the marine & offshore engineering segment increased by 44%.

EDB launches second leg of its corporate venture building programme

A total of $20m of fresh funding will be received by the program beneficiaries. 

Chart of the day: Electronics top manufacturing cluster growth at 33.6%

Chemicals and biomedical manufacturing saw slight dip this May.

Foreign workforce revival to help manufacturing but risks remain

The reopening of borders will help sustain the overall manufacturing momentum.

Manufacturing output grew by nearly 14% YoY in May

Without biomedical manufacturing output, it grew by 18%.

Singapore EDB lures $11.8b in fixed asset investments in 2021

The investments are expected to create over 17,000 jobs.

Singapore manufacturing output up 15.6% YoY in December 2021

Excluding biomedical manufacturing, output grew by 5%.