Core Insights - The Singapore Economic Development Board (EDB) reported a significant year-on-year increase of 14.3% in manufacturing output for November 2025, driven by strong growth in the biopharmaceutical and transport engineering clusters [1] - Excluding the volatile biopharmaceutical manufacturing cluster, the year-on-year growth in manufacturing output was 4.6% [1] - The cumulative manufacturing output for the first 11 months of 2025 increased by 8.2% compared to the same period in 2024 [2] Biopharmaceutical Cluster - The biopharmaceutical manufacturing cluster exhibited remarkable performance with a year-on-year output surge of 79.3% [1] - The pharmaceutical segment saw its output double, achieving a growth rate of 124.3%, primarily due to a significant increase in the production of active pharmaceutical ingredients [1] - The medical technology segment grew by 11.3%, supported by demand in the medical devices market [1] Transport Engineering Cluster - The transport engineering cluster recorded a year-on-year output growth of 24.2% [1] - The aerospace segment experienced a growth of 33.8%, benefiting from increased production of aircraft components and stable demand in the Maintenance, Repair, and Overhaul (MRO) sector [1] - The maritime and offshore engineering segment grew by 21.7%, attributed to increased activity in shipyards [1] Electronics Cluster - The electronics cluster saw a year-on-year output increase of 8.9% [1] - The information and communication technology and consumer electronics segments performed exceptionally well, with a growth rate of 87.7%, driven by increased production of servers and related products [1] - The semiconductor segment grew by 4.9%, while the computer peripherals and data storage segment experienced a decline of 25.5% [1]
【环球财经】新加坡11月制造业产出同比增长14.3% 生物医药与交通工程领涨
Xin Hua Cai Jing·2025-12-26 06:25