Manufacturing

Jawala reports net loss guidance for 2025

The group said this was due to lower sales in H2.

GlobalFoundries' 300mm fab joins WEF's Global Lighthouse Network

This recognises the company’s efforts to enhance Fourth Industrial Revolution technologies.

Jardine unit buys Indonesian gold mining company for $690.77m

The mining company holds 1.57 million ounces of gold reserves.

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.