Singapore factory output grows at faster pace of 8.5% in November

Quick Summary:

Electronics, which accounts for nearly half of output, saw an increase of 26.2 per cent.

Within the cluster, the machinery and systems segment expanded 4.3 per cent, driven by increased production in front-end semiconductor equipment.

Within the cluster, the pharmaceuticals segment declined 37.1 per cent on account of a different mix of active pharmaceutical ingredients being produced, compared with a year ago.

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Article Details

Author / Journalist: Sheila Chiang

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Expanded Cluster Segment Singapore Production Fell Electronics Manufacturing Cent Output Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 13:00:25 (1 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 679 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 24668192

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

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Headquarters: Singapore

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Publisher ID: #25

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