Skip to main content

Singapore’s manufacturing output declines 0.9 pct on year in October

Abstract : Singapore Economic Development Board announced on Thursday that the country's manufacturing output decreased 0.9 percent year on year in October, compared to a revised 25.6 percent rise in September.

SINGAPORE, Nov. 26 (Xinhua) — Singapore Economic Development Board announced on Thursday that the country’s manufacturing output decreased 0.9 percent year on year in October, compared to a revised 25.6 percent rise in September.

Excluding biomedical manufacturing, the output fell 2.7 percent in October from a year ago.

On a seasonally adjusted month-on-month basis, Singapore’s manufacturing output decreased 19 percent in October. Excluding biomedical manufacturing, the output fell 2.9 percent.

As for the performance of different clusters, the electronics cluster’s output fell 0.6 percent year on year in October, compared to a revised 33.1 percent increase in September.

The biomedical manufacturing cluster saw its output grow 10.2 percent in October, compared to a revised 91.2 percent increase in September. In a breakdown, pharmaceutical output grew 14.6 percent, compared to a revised 113.5 percent increase in September; and medical technology output grew 2.9 percent in October, compared to a revised 21.3 percent rise in September.

The precision engineering cluster’s output grew 10.6 percent year on year in October, while the transport engineering cluster’s output decreased 31.8 percent. The chemicals cluster’s output fell 0.8 percent, and the general manufacturing cluster’s output contracted 12.8 percent. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Singapore’s manufacturing output declines 0.9 pct on year in October

Labels:

Comments

Post a Comment

Popular posts from this blog

Chinese enterprise starts work on Fiji’s Lautoka port yard 3 project

Abstract : China Railway First Group (Fiji) Co., Ltd (CRFG) on Monday started to work on Fiji's Lautoka Yard 3 development project intended to increase the storage capacity of the Lautoka port 24 km north of Fiji's third largest city Nadi. SUVA, Feb. 22 (Xinhua) — China Railway First Group (Fiji) Co., Ltd (CRFG) on Monday started to work on Fiji’s Lautoka Yard 3 development project intended to increase the storage capacity of the Lautoka port 24 km north of Fiji’s third largest city Nadi. Speaking at the groundbreaking of the project, Fiji’s Permanent Secretary for Commerce, Trade , Tourism and Transport Shaheen Ali said, “This project needs to be delivered in a timely manner, without compromise to quality and standards. I am sure China Railway First Group (Fiji) Co, Ltd is up to the task.” The new project will significantly boost Fiji’s ability to deal with trade and efforts to turn into a transshipment hub in the Pacific, according to the minister. With some four millio
Post a Comment
Read more

Interview: Egyptian-Chinese cooperation against COVID-19 reflects strength of ties, says Egyptian minister

Abstract : Egyptian-Chinese cooperation in the fight against the COVID-19 pandemic reflects the strength and durability of the two countries' relations, said Egyptian Minister of State for Information Osama Heikal. SHARM EL SHEIKH, Egypt , Sept. 27 (Xinhua) — Egyptian-Chinese cooperation in the fight against the COVID-19 pandemic reflects the strength and durability of the two countries’ relations, said Egyptian Minister of State for Information Osama Heikal. “In such circumstances, countries need to cooperate with each other in a way that demonstrates solidarity and reflects strength in relationships … Egyptian-Chinese cooperation is a good example,” the minister told Xinhua in a recent interview. Egypt-China relations are strong and deeply-rooted, and will gain a greater momentum in the coming years, he said. The minister praised China’s handling of the pandemic, saying that every country has dealt with the crisis according to its own circumstances. “I believe that the E
Post a Comment
Read more

【Financial Str. Release】China’s forex reserves expand to 3.2218 trln USD

Abstract : China's foreign exchange reserves expanded to 3.2218 trillion U.S. dollars at the end of May, up 23.6 billion dollars from a month earlier, official data showed Monday. BEIJING, June 7 (Xinhua) — China’s foreign exchange reserves expanded to 3.2218 trillion U.S. dollars at the end of May, up 23.6 billion dollars from a month earlier, official data showed Monday. Enditem About Xinhua Silk Road Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI). Source: 【Financial Str. Release】China’s forex reserves expand to 3.2218 trln USD
Post a Comment
Read more