Manufacturing

Manufacturing sector firms 'cautiously positive’ about business in 1H24

A net weighted balance of 10% expects an improved situation.

Signs of a broader recovery in manufacturing to emerge mid-2024

For the whole year, experts predict IP to expand by 4.0%-5.0%.

Manufacturing output dips 2.5% YoY in December

Excluding the biomedical manufacturing segment, output would’ve increased by 0.5% YoY.

Industrial sales value drop 4.4% YoY to $3.6b in 2023

Notable transactions in 2023 include the sale of Jardine C&C Regional HQ for $142m.

Top Glove cuts loss to $16.5m in 1Q24

The company narrowed its losses despite a lower revenue for the period.

Has the electronic trade cycle bottomed out? 

On a 6MMA YoY basis, electronic NODX has exhibited incrementally narrow contractions.

Factory activity in Singapore likely bottomed out, slow rebound seen

Easing financial conditions to give factories reprieve next year.

PMI edges up to 50.3 in November

It increased by 0.1 points from October.

Grand Venture Technology to acquire ACP Metal Finishing for $17m

The acquisition is still subject to the approval of GVT's shareholders.

5 ways to fast-track sustainable transformation in manufacturing companies

In Singapore, only 37% of companies have implemented sustainability initiatives.

Signs of a broader recovery in manufacturing could emerge in mid-2024: expert

An expert said manufacturing activity has likely bottomed following the 7.4% YoY jump in output in October.

Sri Trang Gloves closes subsidiary over recurring operational losses

Its subsidiary reported almost two years of net profit losses.

AEM Holdings net profit drops 96.9% YoY to $3.5m in 9M23

The company's revenue also declined, falling by 48.2% YoY to $387m.

Nanofilm's profit falls 28% YoY in Q3

The company attributed the decline to a challenging operating environment.