Manufacturing
Precision engineering firms to see $10m-$500m revenue boost under refreshed ITM
Precision engineering firms to see $10m-$500m revenue boost under refreshed ITM
To achieve this, support will be provided to growth companies that have sector-specific capabilities.
Electronics industry to introduce 5,200 PMET jobs by 2025
DPM Heng said such will be possible under the refreshed Industry Transformation Map.
Logistics sector is seen to generate yearly VA growth of $6.9b by 2025: Gov't
This will be through efforts of Industry Transformation Maps.
Gov't to increase partnerships between SMEs, international aerospace firms
The government is backing small and medium-sized enterprises' global performance.
For the first time since 2020, electronics employment index shrinks below 50
Contraction in new orders and exports affected electronics’ performance.
PMI contracts to 49.9 in September
It dipped by 0.1 points from August.
Slow industrial production to drag down manufacturing full-year growth: analyst
Industrial production slowed down to 2.7% in August 2022.
Chart of the day: Biomedical segment boosts manufacturing output in August
Manufacturing output grew by 2% in August.
Manufacturing output up 0.5% YoY in August
It is down 1.2% YoY if biomedical manufacturing is excluded.
Manufacturing-related stocks netted $19m institutional inflows in Q3: SGX
Total return of the iEdge SG Advanced Manufacturing Index is at 25%.
No recession but slower manufacturing output growth expected in 2023: UOB
This is due to the faltering performance of electronics.
China market recovery to boost ‘weakened’ electronics’ sector
Muted electronics sector led to a decline in the purchasing managers’ index.
Golden Agri subsidiary defers listing in India
The subsidiary will explore opportunities to enhance shareholders' value in the meantime.
Chart of the day: Manufacturing output growth slows down in July
Manufacturing output grew by only 0.6% compared to 2.6% in June.
Manufacturing output headline growth rate could potentially stumble: analysts
The industry could suffer a technical recession.
Chart of the day: Higher demand and higher prices boosts domestic wholesale trade
The year-on-year increase was led by the chemicals and chemical products industry.
Sri Trang Agro net profits plunged by 77.4% in Q2
The group’s revenue fell by 6.1%.
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