Manufacturing
Jardine Matheson’s underlying profit up 10% YoY in 1H23
The 1H23 record is also ahead of pre-COVID levels in 2019.
Jardine Matheson’s underlying profit up 10% YoY in 1H23
The 1H23 record is also ahead of pre-COVID levels in 2019.
Tepid recovery awaits manufacturing sector in 2H23
Industrial production contracted 4.9% YoY in June.
A*STAR rolls out R&D programme for high-performance EV component
It will also bolster the local electric vehicle (EV) supplier ecosystem.
Manufacturing output drops 4.9% in June
Excluding the biomedical manufacturing segment, the output would’ve fallen 5.2%.
New semiconductor factory in Singapore to generate over 1,000 jobs
The US$2b factory is owned by Startup Silicon Box.
Will SG’s manufacturing momentum improve in 2H23?
Manufacturing output contracted anew in July, by 10.8% YoY.
Manufacturing output drops 10.8% in May
Excluding the biomedical manufacturing segment, the output would’ve fallen 13.0%.
Singapore battles technical recession risks as GDP slated to contract in Q2
GDP is expected to contract 1.4% in Q2.
Economy to grow 1.7% in 2023; manufacturing, trade to underperform
Manufacturing weakness to spillover to wholesale trade and impact services growth.
Manufacturing output down 6.9% in April
The biomedical manufacturing segment saw its output fall 11.1% during the period.
Wilmar International to see better earnings in H2: analyst
The company would also see better consumer demand due to lower household inventory and SME recovery.
More manufacturing firms anticipate favourable business in Q2
Amongst clusters, transport engineering is the most optimistic.
SG manufacturing performance to contract for most of H1
But the significantly improved momentum last month suggested a better upturn.
Manufacturing output drops 4.2% YoY in March
Excluding biomedical manufacturing, the output would have fallen by 6.0% YoY.
Wilmar net profit expected to rise 6%-13% in Q1
Yihai Kerry Arawana's turnaround and the company's sugar milling segment contributed to the earning growth.
Manufacturing-related stocks post S$52m net inflows in Q1, returns dip 0.5%
Shipping firms Sembcorp Marine and Yangzijiang Shipbuilding were the most traded manufacturing-related stocks on SGX last quarter.
Singapore’s manufacturing sector back to contraction territory in March
Manufacturing PMI dipped 0.1 to 49.9 in March.
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