Why the uptick in manufacturing is the best news for Singapore's economy this year

Industrial production up by 6.2%.

According to Deloitte University Press Asia Pacific Economic Outlook, the uptick in manufacturing is arguably the best news for Singapore’s economy. In December 2013 industrial production grew 6.2 percent year over year, continuing from November’s strong 6.6 percent rise.

Here's more:

After a weak first half, the critical electronics segment picked up pace later in 2013: It grew 22.2 percent in December, thereby pushing overall 2013 growth to 3.5 percent. There was positive news in chemicals as well, and although the biomedical segment was in negative territory, it is expected to correct course this year.

In fact, over 2014–15 external demand for manufacturing products is expected to consolidate as the economic recovery in the United States and Europe gathers pace. This is evident from recent export data as well. In December 2013 domestic exports (excluding re-exports) grew 5.8 percent, reversing course from a 6.0 percent decline in November.

The story for non-oil domestic exports was even better, with a 6.0 percent rise in December relative to November’s 8.9 percent decline.

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