Singapore's manufacturing sector heads into first half of 2025 with cautious optimism
Singapore's manufacturing clusters are cautiously optimistic about the first half of 2025. According to an Economic Development Board survey, this is despite global challenges, such as geopolitics and economic uncertainty. The electronics cluster is expected to perform better than last quarter, driven by demand and fueled by robust growth in artificial intelligence applications. The transport engineering cluster is also upbeat, led by robust global air travel demand in the aerospace segment.
Singapore's manufacturing clusters are cautiously optimistic about the first half of 2025. According to an Economic Development Board survey, this is despite global challenges, such as geopolitics and economic uncertainty. The electronics cluster is expected to perform better than last quarter, driven by demand and fueled by robust growth in artificial intelligence applications. The transport engineering cluster is also upbeat, led by robust global air travel demand in the aerospace segment.