Sign up | Log in



Home  >>   Daily News  >>Singapore>>Economy>>Singapore's manufacturing output declines 0.5 per cent in March
NEWS UPDATES Asean Affairs    27 April  2016  

Singapore's manufacturing output declines 0.5 per cent in March

SINGAPORE: Manufacturing output in the Republic fell 0.5 per cent year-on-year in March, dragged down by a decline in the transport engineering cluster, the Economic Development Board (EDB) said on Tuesday (Apr 26).

Excluding biomedical manufacturing, output fell 5.5 per cent from a year ago, the EDB said. On a seasonally adjusted month-on-month basis, manufacturing output fell 1.0 per cent. It also declined 1.0 per cent when biomedical manufacturing was excluded.


The transport engineering cluster was the weakest performing, with output falling 23.1 per cent year-on-year in March.  The marine and offshore engineering segment, in particular, fell 35.0 per cent on account of lower level of rig-building activity and weaker demand for oilfield and gasfield equipment amid the low oil price environment, according to the EDB.

The first three months of 2016 saw a decline in output from the transport engineering cluster, at 20.5 per cent lower than the same period last year.

The precision engineering cluster's output also decreased 7.7 per cent year-on-year, with the precision modules and components segment contracting 12.8 per cent due to lower production of industrial rubber, metal precision components and wire and cable products. The machinery and systems segment fell 4.6 per cent, on account of lower export demand for back-end semiconductor and industrial process control equipment.

On a year-to-date basis, output of the precision engineering cluster declined 8.4 per cent compared to the same period last year.

The chemicals cluster also experienced a fall in March. Output decreased 4.9 per cent on a year-on-year basis. Within the cluster, the other chemicals segment posted growth of 9.8 per cent, on account of higher production of fragrances.

However, this was offset by contractions in the specialties (-1.2%), petroleum (-10.3%) and petrochemicals (-18.4%) segments, with the latter affected by plant maintenance shutdowns.

In the first three months of this year, output of the chemicals cluster fell 2.7 per cent compared to the same period in 2015, the EDB said.


The biomedical manufacturing cluster’s output expanded the most, at 23.1 per cent in March compared to the same period a year ago. The pharmaceuticals segment of this cluster increased 27.9 per cent on the back of a different mix of active pharmaceutical ingredients produced, while the medical technology segment’s output grew 9.4 per cent with higher export of medical devices.

On a year-to-date basis, the biomedical manufacturing cluster increased 19.4 per cent compared to the same period a year ago.

Output of the electronics cluster increased 5.8 per cent in March compared to the same month last year. The semiconductors segment’s output grew 21.7 per cent but this was partially offset by declines in the rest of the electronic segments, the EDB said. Cumulatively, output of the electronics cluster grew 3.0 per cent from January to March this year, compared to the same period last year.

The general manufacturing industries cluster’s output registered an increase of 0.9 per cent on a year-on-year basis. The food, beverages & tobacco segment recorded a growth of 10 per cent. However, the miscellaneous industries and printing segments declined 4.3 per cent and 11.1 per cent respectively. Decline in the miscellaneous industries segment was mainly due to lower production of steel structural component and metal doors, window, grilles and gratings, the EDB said.

On a year-to-date basis, output of the general manufacturing cluster fell 1.5 per cent compared to the same period a year ago.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           April 27, 2016 Subsribe Now !
•Trade surplus hits $1.47 billion Subcribe: Asean Affairs Global Magazine
• Heineken reports strong beer sales as it taps growing regional demand
• Telkom books Rp 4.59 trillion Q1 profit
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

Singapore's manufacturing output declines 0.5 per cent in March
Indonesia, Turkey, IDB discuss Islamic infrastructure bank
Asean Analysis                   April 15, 2016
• Asean Analysis April 15, 2016
Indonesia’s Mounting Intolerance toward Minority Groups Prompts Concern
Advertise Your Brand

Asean Stock Watch  April 26, 2016
• Asean Stock Watch-April 26, 2016
The Biweekly Update
• The Biweekly Update April 15, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand