Manufacturing output drops 0.8% YoY in October

Excluding biomedical manufacturing, output would have grown by 1.9% YoY.

Manufacturing output fell 0.8% YoY in October, data from the Economic Development Board (EDB) showed.

Excluding biomedical manufacturing, which dipped 14.5% YoY, the manufacturing output would have risen by 1.9% YoY.

According to the EDB, the pharmaceuticals segment, which fell 27.1% YoY, dragged the biomedical manufacturing cluster.

Apart from biomedical manufacturing, the electronics (-0.7% YoY) and chemicals (-9.7% YoY) clusters also registered decreases in output.

On the other hand, clusters like precision engineering and transport engineering grew in October, rising 18.6% YoY and 6.3% YoY, respectively. Meanwhile, general manufacturing output remained unchanged.

Follow the link for more news on

manufacturing

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