Manufacturing output up 4% in October

Output from the biomedical manufacturing sector jumped 24%.

Singapore’s manufacturing output rose 4% YoY in October, according to data from the Economic Development Board (EDB). On a seasonally adjusted MoM basis, output climbed 3.4%.

Also read: Manufacturing output up 0.1% in September

Biomedical manufacturing saw the biggest growth in output by 24% YoY. Excluding it, overall manufacturing output inched up just 0.2%. The pharmaceutical segment jumped 29.6% from higher production of active ingredients, whilst the medical technology segment rose 13.1% from higher export demand.

However, chemicals posted the biggest drop in output at 9.6% over the same period. The petroleum segment rose 3.0% but was offset by lower production in the rest of the chemicals segments, with the specialties and petrochemicals segments falling 12.4% and 12.8% respectively from maintenance shutdowns.

Output for general manufacturing grew 7.3% YoY, with food, beverage & tobacco expanding 14.2% and miscellaneous industries climbing 3.8%. However, printing output slipped 11.8%.

Under precision engineering, output rose 3.4% over the same period, as precision modules & components climbed 9.9% whilst machinery & systems segment dipped 1.7%.

At the same time, electronics output edged up 0.4%, with the infocomms & consumer electronics, data storage and computer peripherals segments growing 23.8%, 4.2% and 3.6% respectively, while the rest of the segments contracted.

On the other hand, transport engineering output dipped 2.4%. The aerospace segment jumped 21.0%, but the land and marine & offshore engineering segments fell 4.8% and 22.8% respectively.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia