Singapore Factory Output Slips Slightly in February Amid Sector Weakness

Singapore’s manufacturing sector saw a surprise contraction in February 2026, with overall factory output slipping 0.1% year-on-year, according to the Economic Development Board (EDB). 

The decline was largely attributed to Chinese New Year shutdowns and weaker performance in biomedical and petrochemical clusters. 

Singapore Factory Output

Electronics remained resilient, with semiconductor production rising 14.6% and total electronics output up 13.7%, driven by global AI-related demand.

Biomedical manufacturing was the main drag, falling 27.3%, with pharmaceuticals down 18.0% and medical technology down 30.4%.

Chemicals output fell 4.6%, precision engineering declined 3.5%, transport engineering slipped 0.2%, and general manufacturing industries dropped 5.7%.

SG Business

PM Lawrence Wong Highlights China’s Role in Global Order at Boao Forum