Manufacturing output up 8.9% in February

General manufacturing output dipped 6.3% due to fewer production days during the Lunar New Year.

Singapore’s manufacturing output grew 8.9% YoY in February 2018, the Economic Development Board (EDB) revealed. Excluding biomedical manufacturing, output grew 9.1%.

According to a press release, general manufacturing output fell 6.3% as all segments recorded output declines partly due to fewer production days in February as a result of Lunar New Year. The food, beverages & tobacco, miscellaneous industries and printing segments contracted 4.3%, 6.1% and 15.6% respectively.

Electronics output expanded 17.4% in February 2018 thanks to the robust growth of the semiconductors segment (26.7%). However, it was offset by the output of the infocomms & consumer electronics, data storage and other electronic modules & components segments declined 9.1%, 21.8% and 24.5% respectively.

Biomedical manufacturing output grew 8.4%. Pharmaceuticals output grew 15.2% on the back of higher production in biological products whilst output in the medical technology segment fell 7.2%.

Meanwhile, chemicals output increased 8% YoY thanks to the growth led by the petrochemicals segment which grew 17.0%, on the back of increased production capacities. Petroleum throughput rose 7.8%, whilst the specialities segment hiked 7.1%.

Transport engineering output jumped 5.4% thanks to the aerospace segment (57.2%) backed by higher volume of repair and maintenance work from commercial airlines. By contrast, the land transport and marine & offshore engineering segment contracted 11.5% and 29.4% respectively, where the latter reported lower levels of shipbuilding and repair activities.

Precision engineering output grew 3.4% YoY. The machinery & systems segment grew 6.6%, supported by higher demand for semiconductor related equipment and refrigerating systems. The precision modules & components segment declined 1.6%, with lower output in wire & cable products, and dies, moulds, tools, jigs & fixture due in part to the Chinese New Year holiday.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. 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