Manufacturing

Singapore’s February PMI slips to 50.7

This marks the 18th month of expansion for the sector.

Jardine Cycle & Carriage profit falls 22% in 2024

Revenue remained unchanged at $30.1b ($22.3b).

Fu Yu narrows loss to $1.2m in FY2024

Revenue from continuing operations increased 10.5% year-on-year.

JEP Holdings’ net profit soars by 87% YoY in FY2024

Growth was due to a $1m foreign exchange gain and improved performance of its aerospace business.

Analysts see steady growth in manufacturing for 2025

Singapore’s industrial production rose 9.1% YoY in January.

Singapore’s manufacturing output rises 9.1% in January

Excluding biomedical manufacturing, output rose 7.3%.

Grand Venture Tech’s profit up 86% in 2024 on strong semiconductor demand

GVT expects further growth through its expansion in advanced semiconductor manufacturing technologies.

BUDGET 2025: $3b fund to target semiconductor, life sciences investments

Closing the digital skills gap is essential for businesses to fully benefit from these initiatives.

BUDGET 2025: Manufacturing group pledges support for Singapore Budget initiatives

The group is ready to help stakeholders translate measures into actions.

Sri Trang Gloves posts 551.9% profit surge in FY24

Sales revenue for the period reached $740m.

Tai Sin Electric’s net profit surges to $15.9m in H1 FY2025

The group’s gross profit margin improved to 17.58%.

Fu Yu Corporation warns of net loss for FY2024

The group expects a total loss of $3.5m.