Singapore factory output rises 1% in November 2023

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Singapore’s first MicroAlgae plant to be operational by 2024 to produce alternative protein foods
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Singapore’s first MicroAlgae plant to be operational by 2024 to produce alternative protein foods
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Singapore port hits a new record high of 3 billion gross tons in vessel arrivals in 2023
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On December 26, 2023, Total manufacturing production rose 1 per cent year on year, slowing sharply from October’s revised 7.6 per cent growth and missing the 2.2 per cent increase expected by analysts in a Bloomberg poll.

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While most sectors decelerated from the previous month, chemicals was a bright spot. It improved to finish the month up 2.7 per cent year on year. This was aided by two of its segments – speciality and other chemicals.

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