Economic Development Board (EDB)

Singapore economy

Singapore's factory output makes a surprise 16.5% expansion, but expected to take a hit with 'more pronounced' impact of Covid-19 : EDB

SINGAPORE (Apr 24): Singapore’s factory output staged a surprising rebound with a 16.5% year-on-year growth in March, following a surge in biomedical manufacturing amid the Covid-19 pandemic.

Singapore economy

Singapore's factory output dips 1.1% in Feb, but more contractions to come this year, say economists

SINGAPORE (Mar 27): Singapore’s factory output fell 1.1% year-on-year in February, following a contraction in its linchpin electronics sector.

Singapore economy

3.4% increase in Singapore’s January 2020 factory output surprises market watchers

SINGAPORE (Feb 26): Singapore’s factory output has outperformed expectations to rise 3.4% year-on-year following a surge in biomedical manufacturing.

Singapore economy

Singapore's factory output moderates to 0.7% decline in December

SINGAPORE (Jan 29): Singapore’s industrial production came in lower than expected in December, falling 0.7% year-on-year on the back of declines, mainly in transport engineering (-14.1%) and genera

Singapore economy

Singapore manufacturing output beats estimates with 4% growth in October

SINGAPORE (Nov 26): Singapore’s industrial production came in stronger than expected in October, increasing 4.0% year-on-year on the back of a 24.0% jump in biomedical manufacturing output.

Global Economy


SINGAPORE (Nov 4): “Being obsessed with the movement of some money and people to Singapore — and ignoring the movement of people and money elsewhere to [the US], Canada, Australia, the UK,

Singapore economy

Singapore manufacturing firms predict less favourable business outlook, lower output: EDB survey

SINGAPORE (Oct 31): More firms in Singapore’s manufacturing sector are predicting a less favourable business outlook in the next six months compared to 3Q19, according to a survey by the Economic D

Singapore economy

Singapore factory output surprises with small gain in September

(Oct 25): Singapore’s factory output unexpectedly increased in September as a slump in electronics moderated and pharmaceuticals production surged.

Singapore economy

Is there light at the end of the tunnel for Singapore's flagging industrial output?

SINGAPORE (Sept 27): Economists are scaling back their forecasts for 2019, after Singapore’s industrial output fell 8% year-on-year – the worst performance since December 2015.

Singapore economy

Singapore's manufacturing output drops 0.4% y-o-y in July

SINGAPORE (Aug 26): Singapore’s manufacturing output in July dropped to 0.4% compared to a year ago, according to data released by the Economic Development Board (EDB) on Monday.

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