Singapore factory output up 11.1% in May

The pharma segment led the growth at 19.2%.

Singapore’s manufacturing output jumped 11.1% in May 2018. Excluding biomedical manufacturing, output grew 9.8%.

According to an announcement, biomedical manufacturing output increased by 17.7% compared to a year ago. The pharmaceutical segment grew 19.2%, thanks to a different mix of active pharmaceutical ingredients being produced. The medical technology segment rose 14.3% with higher export demand for medical devices.

Electronics output grew 17.1% as the semiconductors segment posted a robust growth of 26.9%, whilst the output of the rest of the electronic segments fell.

Chemicals output jumped 8.6% thanks to the petrochemicals segment which grew 19.6% on the back of increased production capacities. The other chemicals and petroleum segment expanded 12.6% and 9.7% respectively, where the former saw higher output in fragrances.

General manufacturing output increased 5.2% as the food, beverages & tobacco segment grew 17.6%, on account of higher production in infant milk products and beverage products. The miscellaneous industries and printing segments fell 4.6% and 8.3% respectively.

Meanwhile, transport engineering output grew 3% thanks to the aerospace segment, which grew 11.6% on the back of higher volume of repair and maintenance work from commercial airlines. The marine & offshore engineering and land transport segments, however, contracted 0.6% and 15.1% respectively.

Precision engineering output fell 0.8% as the machinery & systems segment grew 2.2%, on account of higher production of process control equipment and back-end semiconductor equipment. The precision modules & components segment contracted 1.6% with lower production of dies, moulds, tools, jigs & fixture.

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