Singapore manufacturing output rises 6.8% in July

Precision engineering led gains, followed by electronics.

Singapore’s manufacturing output rose 6.8% year on year in July, led by higher production of semiconductor equipment and other precision engineering products, according to the Economic Development Board.

On a seasonally adjusted month-on-month basis, manufacturing output grew 2.3%.

Amongst the sector’s clusters, precision engineering led gains with 17.7% growth, supported by higher production of semiconductor equipment, optical instruments, electronic connectors, and other precision components.

Electronics increased 11.2% on sustained artificial intelligence-related demand, whilst transport engineering climbed 10.8% on higher aerospace and land output.

General manufacturing industries rose 4.9%, led by increased production of beverage and dairy products.

However, chemicals declined 10.6% due to plant maintenance, softer demand, and feedstock supply disruptions. Biomedical manufacturing fell 5.3% on weaker medical-device export orders and changes in pharmaceutical production.

A NOTE FROM SINGAPORE BUSINESS REVIEW

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