Electronics, biomedicals charge up February manufacturing

Singapore's manufacturing output grew by 16.4% in February.

Electronics and biomedicals drove Singapore's manufacturing output in February.

The latest government data, released late last week, showed that manufacturing output increased by 16.4% in February year-on-year, or by 13.6% excluding biomedical manufacturing.

Growth of the semiconductors segment, driven by the demand from 5G markets, led to a 30.3% increase in output for electronics manufacturing. Electronics makes up 43.5% of Singapore's total manufacturing output data.

Biomedical manufacturing, the second largest industry cluster at 13.6%, grew by 23.9% in February. Broken down, pharmaceuticals output grew by 16.7%, while medical technology grew by 12.6%.

Precision engineering grew by 15.0%. The machinery and systems segment grew by 23.5%, supported by the higher demand for semiconductors. This made up for the 4.5% decline in the modules and component segment.

Chemical manufacturing grew by 2.5%, with growth in the specialities and petrochemicals segments, and declines in the other chemicals and petroleum segments.

Output in the general manufacturing and transport engineering clusters declined by 5.5% and 24.2% respectively.

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