Singapore manufacturing

He is to lead the SMF’s efforts in beefing up local manufacturing amid global uncertainty, productivity pressures

AI-driven semiconductor demand continues to support factory growth

The median estimate by private-sector economists was for a 9.1% expansion

Regional manufacturing performance is mixed in June

Output in the key electronics sector is up 35.8%, easing from April’s 40.3% increase

More now see Singapore’s central bank tightening policy in July, though majority still expect it to hold

Sector-level margin pressure appears more manageable than the headline cost data initially suggests

This marks the index’s highest reading since December 2024

They increasingly view the city-state not just as a sales outpost, but also as a base to serve the rest of South-east Asia