Manufacturing

Memtech Q1 2010 profit up US$1mln

Memtech Q1 2010 profit up US$1mln

Robust sales and enhanced operational efficiencies brought in company profit from losing territory.

ST Electronics subscribes to US$700,000 capital call

Singapore Technologies Engineering Ltd's electronics arm subscribed to the capital call in proportion to its 50% shareholding in GFM Electronics.

A*STAR and EDB launch MEMS consortium

Bringing together 8 MNCs and local enterprises, the collaboration aims to grow Singapore’s Micro-Electro-Mechanical-Systems industry.

Manufacturing output rose 19.1% in February

Receiving bad news though was the transport engineering cluster given the 17.7% decline in its output in February on a year-on-year basis.

ST Engineering completes ST Electronics-PCI divestment

ST Electronics-PCI Co Ltd is no longer a subsidiary of ST Electronics (Shanghai) Co Ltd, a subsidiary of Singapore Technologies Electronics Limited.

Singapore becomes home-base of biomedical firms

In 2009 biomedical sciences investments amounted to S$1.2 billion in total fixed asset investment and S$700 million in total business spending.

Singapore manufacturing hollowed out as 43,700 jobs lost in 2009

Additional manufacturing jobs during Q4 2009 were not enough to offset the losses after workers were let go for four consecutive quarters.

FormFactor opens facility and global business centre in Singapore

Nasdaq-listed FormFactor opened its new wafer probe card manufacturing facility in the city-state to reduce product cycle times and diversify supply...

Qingmei launches IPO in Singapore at S$0.31/share

A total of 184 million shares, with net proceeds of approximately S$44.1 million, are part of Qingmei’s IPO in line with its proposed listing on the...

Manufacturing index up 0.5 points in February

Compared with January 2010, Singapore's Purchasing Managers' Index expanded and was at 51.9 points in the previous month.

Manufacturing output rose 39.4% in January 2010

Electronics and biomedical manufacturing clusters were the top performers with 80.6% and 48.4% year-on-year growth respectively.

Lattice launches Asia operations centre in Singapore

Country's reputation as preferred location for pan-Asian operations encouraged company to move closer to customers.

Li Heng revenue down 46% on pricing pressure

The group expands its customer base to 209 customers from 184 in 2008 despite lower earnings.

Exports up for third month on electronics sales

Increased overseas sales of electronic goods have pushed Singapore's exports up, which for January is now on its third month of sustained growth.

Bio Medical sector sickened by pathetic outputs

2010 is looking sick for the biomedical sector, with firms declaring hiring freezes and government figures now revealing a 13.3 percent drop in...

Electronics and pharmaceutical sales aid in exports surge

Singapore exports, surging the most in four years, are improving as strength is seen in electronics and pharmaceutical demand.

Boustead subsidiary wins S$107m integrated facility project

Industrial real estate firm Boustead Projects has been awarded a S$107 million contract to design and build a manufacturing and support facility for...