Singapore Quarter 4, 2020
As Singapore moved into Phase 3 of its recovery from 28 December 2020, up to 8 persons for social gatherings and household visitors are allowed at any point in time. The majority of industries, except for the entertainment sector, had restarted operations. The manufacturing sector expanded by 10.3 % y-o-y in 4Q 2020, a slight slowdown from the 11.0% pace recorded in 3Q 2020. The construction sector declined by 27.4 % y-o-y in 4Q 2020, an improvement from the 52.4% contraction in 3Q 2020.