Manufacturing

Aztech Global's net profit drops 55.7% in Q3

Blame it on higher depreciation and net foreign exchange loss. 

Biomedical segment lifts Singapore’s manufacturing output in September

Excluding the segment, overall output would have decreased by 7.6% MoM.

Stamford Tyres founder Wee Kok Wah passes away at 78

He served as managing director and company president for about 50 years.

Lion Asiapac Limited warns of Q1 2024 profit loss

The expected loss is due to lower orders from its trading business.

SP and Federation of Malaysian Manufacturers partner to boost tech talent in manufacturing

The partnership supports the Johor-Singapore Special Economic Zone (JS-SEZ) initiative.

Lee Keen Whye steps down as Santak Holdings board chair

He will leave the company after its GM on 30 October.

PMI edges up to 51 marking 13th month of expansion

It is the highest reading since July 2021.

Nio and investors to invest $2.43b in NIO China

Nio may invest an additional $3.6b in NIO China by the end of 2025.

GP Industries issues US$11m perpetual bonds with 9.5% annual distribution

The company will use the net proceeds for general corporate and working capital purposes. 

Fuxing China reduces par value of share to $0.02

It will be down to the said value instead of $0.10 as announced previously.