Manufacturing
Singapore's industrial production to contract by 7.0% in 2023
Singapore's industrial production to contract by 7.0% in 2023
Expert says the manufacturing sector could remain downbeat for the rest of the year.
Slightly positive business outlook seen in manufacturing sector firms
A net weighted balance of 7% expects an improved situation.
Is Singapore on the path towards stronger IP annual growth?
In September, manufacturing output grew 10.7% MoM.
Manufacturing output grows 10.7% MoM in September
Excluding the biomedical manufacturing segment, output would’ve grown by 17.9% MoM.
Hyundai Motor Group Innovation Centre SG looks into cell-based manufacturing
It plans to initially deploy its digital transformation in Singapore before moving globally.
Singapore Polytechnic and Microsoft ally for digital manufacturing push
Its goal is to aid Singapore’s target of boosting the sector by 50%.
IHRP, SPETA secure partnership to boost human capital in the manufacturing sector
The manufacturing employer handbook was developed to identify strengths and opportunities.
Electronics cycle shows tentative signs of bottoming – expert
In September, electronics NODX saw a narrower contraction of 11.6 YoY.
Singapore targets $160b manufacturing sector boost by 2030: DPM Heng
Heng Swee Keat put emphasis on three key priorities that the industry must continue to innovate on.
More than 50 emerging products and solutions to launch at ITAP 2023
ITAP 2023 will circle around sustainability, optimising manufacturing efficiency, and supply chain resilience.
Top Glove widens loss to $86.7m in 4Q23
In 3Q23, the company only recorded a loss of $11.8m.
IP to contact 7.0% in 2023: forecast
Experts said weak external demand persist for the rest of the year.
August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert
RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.
Manufacturing output dips 10.5% MoM in August
Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM.
EDB works with Johnson & Johnson to innovate SG’s life sciences
The collaboration backs early-stage firms and fast track innovative medicines.
GlobalFoundries opens $5b expansion fabrication plant in SG
The plant’s opening will create 1,000 new jobs.
Will Singapore’s PMI turn expansionary soon?
In August, PMI edged up to 49.9.
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