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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
“[A] more pronounced impact [on factory output] is likely to be seen from April 2020 onwards due in part to the implementation of the ‘circuit breaker’ measures,” says EDB.
April 24, 2020
Singapore economy
Singapore's factory output dips 1.1% in Feb, but more contractions to come this year, say economists
"Even without the US-China trade war, the Covid-19 pandemic is the black swan event that has... impacted global demand and dashed hopes of a manufacturing rebound,” says Selena Ling, who heads OCBC’s treasury research and strategy department.
March 27, 2020
Singapore economy
3.4% increase in Singapore’s January 2020 factory output surprises market watchers
The 3.4% increase in factory output exceeds the 5.8% drop predicted by private-sector economists in a Bloomberg poll, amid expectations of lower output from the earlier than usual Chinese New Year vacation, as well as uncertainty from Covid-19
February 26, 2020
Singapore economy
Singapore's factory output moderates to 0.7% decline in December
For now, economists expect the worst to be over.
January 29, 2020
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.
November 26, 2019
Global Economy
Briefs
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, especially for their professional talents — just misses the
November 01, 2019
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 Development Board (EDB).
October 31, 2019
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.
October 25, 2019
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.
September 27, 2019
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.
August 26, 2019