Singapore’s manufacturing output rebounds after year-long slump
Singapore’s manufacturing output in October surpassed market expectations with a 7.4% year-on-year rebound after a year-long slump, thanks to growth in the key electronics industry, particularly semiconductors, the country's Economic Development Board (EDB) has reported.
Singapore's electronics production rose 14.8% year on year, with the semiconductor segment expanding 17.8% (Photo: VNA)
Singapore (VNA) – Singapore’s manufacturing output in Octobersurpassed market expectations with a 7.4% year-on-year rebound after ayear-long slump, thanks to growth in the key electronics industry, partic༒ulaꦉrlysemiconductors, the country's Economic Development Board (EDB) has reported.
Notably, the turnaround was led by the electronicsindustry, which accounts for about 45% of local manufacturing production.
Electr𝄹onics recorded a 14.8 % year-on-year jump, withthe semiconductor segment expanding ♕17.8%. This was the second straight monthof expansion for both electronics and chip production.
The transport engineering industry also helped lift theoverall manufacturing sector, with output rising 12 %. Much of this was due to a surge in marine andaerospace on the back of higher demand for aircraft parts and additionalmaintenance, repair and overhaul jobs from commercial airlines, which, in turn,benefited from strong air travel demand globally. However, Maybank economist Brian Lee noted thatthe numbers may be flattered by the low base of comparison, particularly forexports and manufacturing. Nevertheless, he expected fourth-quarter economicgrowth to exceed 2% year on year, adding the latest data confirms thatthe economy is on track for a stronger recovery heading to the new year, ledby outward-facing sectors. According to the EDB, the worst of the slump is behind the country butthe global economic backdrop is still uncertain; high interest rates inadvanced economies, bumpy conditions in China and lingering geopoliticaltensions can yet disrupt supply chains. These can keep Singapore’smanufacturing recovery fragile./.
The Ho Chi Minh National Academy of Politics (HCMA), in collaboration with the Embassy of Singapore in Vietnam and Singapore’s Lee Kuan Yew School of Public Policy, held a dialogue on achievements and prospects of 50-year Vietnam-Singapore relations in Hanoi on November 17.
The Monetary Authority of Singapore (MAS) and Bank Indonesia (BI) have freshly debuted a cross-border quick response (QR) payment linkage between the two nations.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Singapore's electronics production rose 14.8% year on year, with the semiconductor segment expanding 17.8% (Photo: VNA) 
