Manufacturing
Fu Yu Corporation completes probe into supply chain unit
Fu Yu Corporation completes probe into supply chain unit
The investigation covered several key areas, including the 2021 acquisition of FYSCS (formerly Avantgarde Enterprise Pte Ltd).
Tan Chong swings to profit with $1.9m net income
An interim dividend of $0.0033 per ordinary share was declared.
Singapore’s industrial production growth projected to slow in H2
HB analysts view the uptick as temporary, boosted by transitory drivers.
CNMC triple earnings in H1 2025 to $15.76m on higher production
The completion of its plant expansion in April boosted daily processing to 800 tonnes.
International Cement Group’s profit surges in H1
The group said it was driven by stronger operational performance.
UMS Integration profit up by 5% YoY in H1
The group’s revenue during the period also leapt 14% YoY to $125m.
Intraco Limited’s profit grows in H1
However, revenue decreased by 19.3% year on year.
Nibertex raises $9.45m in Series A round led by TNB Aura
The investment marks TNB Aura’s first major deployment in the Philippines.
Riverstone Holdings' net profit falls by 29.6 YoY in H1
Despite this, group revenue increased 0.1% YoY to $150m.
Industrial occupancy rate dips in Q2
The decline was due to substantial new completions.
Aster acquires Chevron Phillips Singapore Chemicals
The facility will be renamed Aster Polymer Solutions.
Factory output up 8%, but outlook weakens on trade risks: analyst
The firm forecasted that Singapore’s Industrial Production Index (IPI) will grow by 3.0% YoY in 2025.
Manufacturing sector cautious amidst market headwinds
The chemicals cluster is the most pessimistic.
Export-oriented industries to bear the brunt of rising trade tensions—report
Policymakers are concerned about sectoral tariffs on pharmaceuticals and semiconductors.
Industrial production to weaken in H2 amidst expected front-loading backlash
Industrial production was up 8% year-on-year in June.
East Asia-led NODX gains offset slump in Western demand
This signals a shift toward deeper intra-Asian trade.
Metech, MLF Ingredients enter deal to develop food waste system
This will produce premium protein powder and black soldier fly biomass.
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