Manufacturing output rises in Singapore

Singapore's Economic Development Board announced on Tuesday that the country's manufacturing output grew 4 percent year-on-year in October, compared to a revised 0.7-percent increase this September. Excluding biomedical manufacturing, the output grew 0.2 percent year-on-year in October, compared to a revised 3.8-percent decrease in the previous month. Meanwhile, on a seasonally adjusted month-on-month basis, Singapore's manufacturing output increased 3.4 percent in October. Excluding biomedical manufacturing, the output grew 6.5 percent.