Singapore’s manufacturing beats forecast with 14.3% expansion in December; achieves 7.3% growth for 2020

SINGAPORE: Singapore’s manufacturing output rose 14.3 per cent year-on-year in December, beating estimates and bringing overall growth for 2020 to 7.3 per cent. Economists polled by Reuters had forecast an 11.5% increase in December. December’s industrial production was boosted by electronics …