Singapore's Manufacturing Output Surges In January

Transport engineering and biomedical manufacturing show strongest growth.

Singapore’s manufacturing output rose 14.6 percent in January 2007, according to statistics released Monday.

The Economic Development Board of Singapore reported that all manufacturing clusters showed positive growth in January, with the strongest showing in the transport engineering and biomedical manufacturing clusters.

Output of the transport engineering cluster jumped 45.2 percent in January 2007, compared with the same time period in 2006. The aerospace segment grew 30.0 percent and the land transport segment increased 17.4 percent in response to increased overseas orders for auto parts and components.
Biomedical manufacturing output increased 24.1 percent, while production of pharmaceuticals and medical technology increased 25.0 percent and 17.4 percent, respectively.

Electronics reversed its downturn over the last four months to expand 4.1 percent in January, after higher production of semiconductors and computer peripherals.

The chemicals cluster grew 3.3 percent in January with expansions in the petrochemicals and specialty chemicals segments at 5.8 percent and 7.6 percent, respectively.

The general manufacturing industries expanded 11.0 percent in January 2007.