manufacturing

Businesses focus on improving their operational processes and IT systems.

Electronics output rose 49.1% YoY.

Private capital injected in food tech and industrial products in 2023 shows investors’ focus on the future.

The 2024 edition is expected to exceed the 20,000 visitors and 4,200 international buyers recorded last year.

The transport engineering sector recorded the highest output growth of 43.5% YoY.

The acquisition is still subject to the approval of GVT's shareholders.

Construction and manufacturing sectors are the biggest contributors to fatal and major injuries.

Excluding biomedical manufacturing, output would have grown by 1.9% YoY.

The economy eased by 4.1% in the third quarter of 2022.

The sector logged a second month of decline.

The manufacturing industry has been the engine of Singapore’s economic growth since its inception. In 2018, the city-state was singled out as one of the best positioned countries for Industry 4.0 by the World Economic Forum with manufacturing contributing to 21.9% of Singapore's nominal gross domestic product (GDP).

Companies can take advantage of the SG+ twinning model, a study said.

Meanwhile, the electronics sector PMI crawled up to hit 51.

They were awarded for introducing initiatives in the manufacturing industry.

SG is the only APAC country to achieve two UN sustainability goals. 

Nomura expects a 7.1% GDP for Singapore this year.