S’pore factory output rises at pace of 9.8%

Quick Summary:

SINGAPORE: Singapore’s total manufacturing output rose for a third straight month in September, though the key electronics industry saw a slower pace of growth.

Overall, the electronics cluster grew 4.6% for the period from January to September 2024, compared with the same period a year ago.

UOB associate economist Jester Koh called September’s growth “remarkably resilient” and said it might mean an upward revision to Singapore’s gross domestic product for the third quarter of the year.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaSingaporeUnited States

Topics: Manufacturing Electronics Economy /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 00:00:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 504 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 23274494

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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