World News Engine: S'pore manufacturing output up 22% on-year in March

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S'pore manufacturing output up 22% on-year in March

Singapore's manufacturing output accelerated in March, growing 22 per cent compared to a year ago, driven by a surge in biomedical output.

The Singapore Economic Development Board (EDB) said if output from the biomedical cluster is excluded, growth would just be 6.1 per cent.

It said output of the biomedical manufacturing cluster jumped 57 per cent in March.

The cluster's strong performance was led by the pharmaceutical segment.

It grew 60.9 per cent on the back of higher