Manufacturing
Top Glove cuts loss to $16.5m in 1Q24
The company narrowed its losses despite a lower revenue for the period.
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.
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.
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