25 Mar '11, 9am

Singapore's manufacturing output up 4.8% year on year: SINGAPORE'S manufacturing output increased 4.8 per cent i...

Singapore's manufacturing output up 4.8% year on year: SINGAPORE'S manufacturing output increased 4.8 per cent i...

Singapore's manufacturing output increased 4.8 per cent in February 2011 on a year-on-year basis. -- PHOTO: FRASER & NEAVE SINGAPORE'S manufacturing output increased 4.8 per cent in February 2011 on a year-on-year basis. Excluding biomedical manufacturing, it grew 11.9 per cent. But on a seasonally adjusted month-on-month basis, output declined 2.0 per cent in February. Excluding biomedical manufacturing, output declined 5.3 per cent. The precision engineering cluster led the growth, with a 30.7 per cent year-on-year increase in February 2011, mainly because of a 65.1 per cent increase in the machinery and systems' output. The increase was a result of greater production of semiconductor-related equipment, refrigerating and airconditioning equipment, and hoisting machinery including lifts. The chemicals cluster followed with a 17.3 per cent increase year-on-year, with all s...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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