Manufacturing output drops 10.8% in May

Excluding the biomedical manufacturing segment, the output would’ve fallen 13.0%.

Singapore’s manufacturing output fell 10.8% in May 2023 compared to the same month in 2022, according to the latest data released by EDB Singapore.

Compared to April, output is also 3.9% lower in May. Excluding biomedical manufacturing, May’s manufacturing output would have fallen 13.0%.

Biomedical manufacturing and transport engineering recorded output increases in May, increasing by 4.4% YoY and 28.4% YoY.

On the other hand, decrease in output was recorded in general manufacturing (-0.3% YoY), chemicals (-9.5% YoY), precision engineering (-10.5% YoY), and electronics (23.0% YoY).

Follow the link for more news on

Singapore manufacturing report

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