Singapore's manufacturing output up 18%

Ulhas Joglekar ulhasj at bom4.vsnl.net.in
Mon Dec 27 17:32:31 PST 1999


27 December 1999 Singapore's manufacturing output up 18% SINGAPORE: Output in Singapore's vital manufacturing sector grew 18.2 percent in November compared to the same month last year, the government said Sunday. That was lower than October's year-on-year expansion of 23.2 percent, according to data from the the Economic Development Board. Singapore, a city-state of 3.2 million people, has no natural resources and relies heavily on high-tech manufacturing. Output of pharmaceuticals soared by 63.1 percent from November a year ago. Specialty chemicals were also strong with 61.3 percent growth, the board said. Electronics manufacturing grew by 25.5 percent, driven by higher output across-the-board exception of disk drives and printed circuit board assemblies. Cumulative industrial output for the first 11 months of the year expanded by 14.4 percent compared with the same period in 1998. (AP) For reprint rights: Times Syndication Service
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