Manufacturing
A*STAR and Siemens sign MOU for ASEAN smart manufacturing
A*STAR and Siemens sign MOU for ASEAN smart manufacturing
The partnership aims to help companies improve resilience, efficiency, and environmental sustainability.
Manufacturing PMI expands in June after two months of extraction
This marks the first expansion following two consecutive months of contraction.
Singapore launches first gallium nitride-focused facility
The new facility will help the city-state leverage the growing GaN market.
Fortress Minerals posts $3.2m net profit in Q1 2026
Revenue came in at $20.2m (US$15.9m).
Alcon opens expanded Tuas plant with $600m global investment
It features advanced automation, smart manufacturing systems, and Industry 4.0 capabilities.
Aztech unit sells Johor property for $8.73m
Upon completion of the sale, Aztech will report a net gain of $4.15m (RM13.7m).
Singapore's manufacturing output up 3.9% YoY in May
Transport engineering posted the highest growth at 25.6% YoY.
Singapore manufacturing hit as US reshoring cuts demand: report
Notably, 55% of Singapore’s exports to the US are now subject to a 10% tariff, with electronics and machinery forming the bulk of those goods.
CosmoSteel receives cash offer from 3HA Capital via Evolve
The offer is set to close at 5:30 p.m. on 3 July 2025, unless an extension is announced.
VinFast posts $875.7m Q1 loss despite strong revenue growth
Total revenues rose 149.9 YoY.
Fu Yu’s FY2024 revenue up 0.5% YoY
Gross profit rose 27.8% YoY.
Grand Venture Tech’s profit after tax up 27.7% YoY in Q1
The company’s revenue also rose by 44.8% YoY to $44.6m.
Frencken to build new $63m manufacturing facility in Kaki Bukit
The site will be built on a plot of land leased from JTC Corporation to its subsidiary ETLA.
PMI edges up to 49.7 in May
This marks the second contraction following 19 consecutive months of expansion.
NIO boosts EV deliveries by 13.1% YoY in May
Cumulative deliveries reached 760,789.
Global Invacom to bring XRJ transceivers to Middle East in $4.9m deal
The XRJ transceivers offer the highest power output currently available in the market.
Singapore launches decarbonisation playbook for manufacturers
It supports over 5,000 manufacturers.
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