Manufacturing is the key: MTI

Mr Lee Yi Shyan attributed our strong economic rebound to manufacturing, with the sector surging 29.7% in 2010.

In a speech at the Inauguration ceremony of Singapore Oxygen Air Liquide at Jurong Island on 3 June 2011, the Minister of State for Trade & Industry and Manpower said, “One key reason for the strong rebound of our economy after the recent financial crisis was because of manufacturing. Our GDP grew 14.5% in 2010, led by a 29.7% surge in the manufacturing sector. Manufacturing is thus a good counter-weight to our services sector, whose reach is usually limited to the immediate region.”

He added, “The growth momentum has continued healthily at 8.3% into the first quarter of this year. Manufacturing sector again outpaced other sectors by growing higher in 1Q at 13.1%.”

MTI in turn has revised the annual growth rate from 4-6% to 5-7%. The Ministry’s commitment, as expressed by Mr Lee Yi Shyan, is to render manufacturing even more competitive and synergistic as part of a knowledge-based economy.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

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