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.
Manufacturing output drops 4.2% YoY in March
Excluding biomedical manufacturing, the output would have fallen by 6.0% YoY.
MTI, economic agencies undergo reshuffling
Affected agencies include the EDB and Enterprise Singapore.
Manufacturing output down 8.9% in February
Without biomedical manufacturing data, output declined nearly 5%.
Gov't revamps GIP to benefit local start-ups
The changes will support Singapore’s start-up and financial ecosystem.
V-shaped recovery expected in some manufacturing sectors despite contraction
Demand will pick up for transport engineering and general manufacturing.
Manufacturing output drops 2.7% YoY in January
Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.
EDB secures $22.5b in fixed asset investment commitments in 2022
The electronic sectors accounted for two-thirds of FAI commitments for the year.
Manufacturing sector’s business outlook deteriorates
This as firms experience slow demand for manufactured goods.
Consortium launched to grow research, innovation in biologics manufacturing
It forms part of the manufacturing goals in the Lion City.
Chip downturn poses threat to manufacturing growth in 2023: analysts
Manufacturing output will continue to slowdown in 2022 to 2023.
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.
Slow industrial production to drag down manufacturing full-year growth: analyst
Industrial production slowed down to 2.7% in August 2022.
Chart of the day: Biomedical segment boosts manufacturing output in August
Manufacturing output grew by 2% in August.
Commentary
It’s high time for property developers to implement effective anti-money laundering requirements
Transforming the Retail Horizon: Experiential Retail and Digitalisation key in driving post-pandemic growth