26 Apr '11, 8am

Singapore's manufacturing sector continues on a roll: SINGAPORE'S manufacturing sector continued on its roll, ai...

Singapore's manufacturing sector continues on a roll: SINGAPORE'S manufacturing sector continued on its roll, ai...

Output grew by 22 per cent in March from the same period in 2010 and similarly recorded a 22 per cent rise from February. -- PHOTO: BLOOMBERG SINGAPORE'S manufacturing sector continued on its roll, aided by maintained increases across all clusters, reported the Economic Development Board on Tuesday. Output grew by 22 per cent in March from the same period in 2010 and similarly recorded a 22 per cent rise from February. This time, clusters like biomedicals, precision engineering and electronics were the key growth drivers. All other segments rose as well, with the biomedical manufacturing sector recording particularly impressive results. The volatile biomedical sector rebounded strongly this round, with output hitting a 57 per cent increase from a year ago. Its strong performance was led by the pharmaceutical segment which grew 60.9 per cent as a result of a higher value-ad...

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

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