Manufacturing
Manufacturing stocks lodge weakest January performance since 2016
The iEdge SG Adv Manufacturing Index recorded a 6.4% decline.
Frencken’s net profit slips to $32.5m in FY23
The FY23 net profit represents a 37.4% drop from FY22.
Over 240 SG traders to visit the ‘biggest ever’ Taipei Cycle
The 2024 edition is expected to exceed the 20,000 visitors and 4,200 international buyers recorded last year.
Experts unfazed by manufacturing dip, expect mid-2024 rebound
In January, output decreased by 5.7% MoM.
Nanofilm's PATMI plummets to $3m in FY23
With the decline, the company recorded a lower EPS of 0.48 cents.
Manufacturing output grows 1.1% YoY in January 2024
The transport engineering sector recorded the highest output growth of 43.5% YoY.
Sri Trang Gloves widens loss by 10.1% YoY to ฿42.3m in 4Q23
The company recorded a loss despite posting an 11.5% YoY jump in sales revenue.
Aztech Global net profits surges 48% 2023
However, the group expects a challenging year ahead.
Budget 2024: Who are the big winners of SG’s new measures?
Six sectors will benefit the most from the budget, according to an analyst.
Silicon Box breaks bottleneck in chiplet packaging with sub-5-micron technology
The company’s technology reduces chiplet-based system packaging costs by up to 90%.
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.
GDMC secures $28.1m capital from Series A funding
Celadon Partners led the founding round.
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.
Former ATL exec director jailed for breaching director duties
He was sentenced to 6 months in prison.