Bloomberg.com, 24 Apr 2009, Shamim Adam
April 24 (Bloomberg) -- Singapore’s industrial production fell for a sixth straight month in March as electronics and pharmaceuticals manufacturers cut output amid declining orders.
Manufacturing, which accounts for about a quarter of Singapore’s economy, dropped 33.9 percent from a year earlier, following a revised 15.1 percent decline in February, the Economic Development Board said today. The median estimate of 11 economists surveyed by Bloomberg News was for a 24 percent fall.
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