Manufacturing
PMI slows in October, marking 0.2-point dip to 50.8
The slowdown was due to slower expansions in key indexes.
Micro-Mechanics Holdings' net profit climb 14% YoY in Q1 FY25
Revenue rose by 2.5% YoY to $16.2m.
Manufacturing firms expect improved business environment from October to March 2025
The transport engineering cluster was the most optimistic.
Aztech Global's net profit drops 55.7% in Q3
Blame it on higher depreciation and net foreign exchange loss.
NanoFilm Q3 EBITDA up 34% QoQ on higher revenue across segments
The group's revenue rose 10% YoY in Q3.
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.
KLA wraps up phase 1 construction of new Singapore semiconductor plant
The facility will create 400 new jobs in Singapore.
PMI edges up to 51 marking 13th month of expansion
It is the highest reading since July 2021.
Venture Corporation taps Wong Chee Kong as new Group CEO
He will begin his duties on 1 November.
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.
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