Manufacturing

Venture Corporation could bank on medical devices and life science segments to drive growth in H2
15 Jul 19
Its customer Illumina is expected to grow 6%, albeit at a lower rate compared to its previous estimate of 13-14%.
Allied Tech's audited statements reveals $30m net loss for FY2018
9 Jul 19
This was blamed on an impairment loss of $31.27m from the acquisition of Asia Box Office.
PMI falls to near three-year low in June
5 Jul 19
There were declines in new orders, factory output, inventory and employment performances.
Chart of the Day: Top 30 manufacturing stocks hit 20.4% average return in H1
5 Jul 19
Their combined net institutional inflows amounted to $264m.
Sunpower Group clinches $6.67m manufacturing and services contract
27 Jun 19
It will design and construct long-distance distribution steam pipelines and a smart energy station for State Power Investment Corporation.
Manufacturing output down 2.4% in May
26 Jun 19
The chemicals, precision engineering and electronics industries led the decline.
New multi-billion euro feed additive plant opened on Jurong Island
18 Jun 19
The plant has an annual production capacity of 150,000 metric tonnes.
The Made in Singapore and Designed in Singapore Awards are now open for nominations
11 Jun 19
Nominations will close on 30 August 2019.
JLC Advisors' missing lawyer linked to Allied Tech's missing $33m arrested
7 Jun 19
The lawyer was accused to have deceived CCJ Investment in disbursing $6m.
Manufacturing PMI falls to 49.9 in May after 32-month expansion streak
4 Jun 19
New orders, new exports, factory output, inventory, and employment level all slowed down.
Commercial Affairs Department seizes Allied Technologies documents over probe
3 Jun 19
The company is subject to a probe on $33m missing from an escrow account with law firm JLC.
Manufacturing output rose 0.1% in April
24 May 19
Higher biomedical manufacturing and chemical output supported the sector recovery.
Allied Technologies seeks missing $33.15m from client JLC Advisors
24 May 19
The funds may have been paid out on the instructions of JLC partner, Ong Su Aun, Jeffrey, and might have been unauthorised.
Chart of the Day: Manufacturing sector outlook remains sour
20 May 19
Businesses are only optimistic on transport engineering and biomedical manufacturing clusters.
Malaysian apparel maker KTMG debuts in SGX after reverse takeover
14 May 19
The firm said that the move will boost its regional expansion.
US approval for smokeless cigarette device could boost Venture's earnings: analyst
7 May 19
Venture may manufacture 12 million 1QOS devices for Philip Morris by 2020.
Singapore PMI down 0.5 point to 50.3 in April
6 May 19
Moderating growth in the new orders, exports, factory output, inventory and employment level dragged monthly figures.
South Korea's industrial output up 1.4% in March
30 Apr 19
The electronics giant has been showing a slowdown in MoM declines.
APAC manufacturing recovery not imminent: report
29 Apr 19
A buildup of investors has led to an oversupply in the electronics sector.
Manufacturing output contracts 4.8% In March
26 Apr 19
The electronics segment fell 15.3%.
Venture Corporation profits grew 8.6% to $90.87m in Q1
26 Apr 19
The broad-based growth in its technology domains and customer programme executions boosted earnings.
IBM to shut down Tampines plant amidst global restructuring
23 Apr 19
All of its workers will be retrenched.
Keppel Infrastructure Trust hauls $500.8m in equity fundraising
10 Apr 19
The proceeds will be used to partially repay a loan facility to fund the acquisition in Ixom.
German conglomerate thyssenkrupp to launch 3D printing hub in Singapore
4 Apr 19
It will focus on additive manufacturing of metal and plastic for clients in heavy industries.
Rising PMI could signal stabilising manufacturing environment: analysts
4 Apr 19
The increase was in line with improving PMI readings in Vietnam, China, Thailand and South Korea.
Chart of the Day: Manufacturing output growth hits 0.7% in February
27 Mar 19
On a month-on-month basis, manufacturing output decreased 4.1%.
NODX edged up 4.9% in February
18 Mar 19
The 9.4% YoY growth in non-electronic NODX outweighed the decrease in electronics.
Singapore PMI down 0.3 point to 50.4 in February
5 Mar 19
It hit the sixth month of decline due to slower growth in new orders, exports, and factory output.
Manufacturing output contracts for the first time since 2017
27 Feb 19
It shrank by 3.1% no thanks to declines in electronics and precision engineering.
Venture's profits slipped 0.7% to $370m in FY2018
26 Feb 19
It was hit by its customers’ product transitions and M&A activities.
Boustead Projects bags $70 million factory deal
19 Feb 19
The facility will have a gross floor area of approximately 36,300 sq m.
NODX slipped 10.1% in January
19 Feb 19
This is the worst NODX performance since October 2016.
NODX edged up 4.2% in 2018
15 Feb 19
The growth was driven by the 8.2% increase in non-electronic NODX.
Can Venture Corporation recover and regain investor confidence?
12 Feb 19
Its major customers, Illumina and Philip Morris, guided for growth in 2019 but trade war risks remain.
Singapore PMI down 0.4 point to 50.7 in January
6 Feb 19
The growth of new orders, new exports and factory output slowed down.
Singapore's manufacturing sentiment sours for H1 2019
31 Jan 19
Manufacturers are less optimistic amidst weakening demand.
Singapore manufacturing inched up 2.7% in December 2018
25 Jan 19
Manufacturing output rose 7.2% in 2018.
British appliance giant Dyson takes big leap to move head office to Singapore
23 Jan 19
It is set to build electric cars in the citystate.
Malaysian medical device market takes hit as manufacturing projects slump to $160m in 9M2018
18 Jan 19
This compares to $500m investments in 2017 and $700m in 2016.
Singapore non-oil domestic exports dropped 8.5% in December 2018
17 Jan 19
It was dragged by the 11.2% decrease in the electronics segment.

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Events Calendar

Nov 26
Malaysia Technology Excellence Awards 2019
Kuala Lumpur, Malaysia
Nov 28
SBR Made in Singapore Awards and Designed in Singapore Awards 2019
Conrad Centennial Singapore