Manufacturing
Economy to grow 1.7% in 2023; manufacturing, trade to underperform
Economy to grow 1.7% in 2023; manufacturing, trade to underperform
Manufacturing weakness to spillover to wholesale trade and impact services growth.
Manufacturing output down 6.9% in April
The biomedical manufacturing segment saw its output fall 11.1% during the period.
Wilmar International to see better earnings in H2: analyst
The company would also see better consumer demand due to lower household inventory and SME recovery.
More manufacturing firms anticipate favourable business in Q2
Amongst clusters, transport engineering is the most optimistic.
SG manufacturing performance to contract for most of H1
But the significantly improved momentum last month suggested a better upturn.
Manufacturing output drops 4.2% YoY in March
Excluding biomedical manufacturing, the output would have fallen by 6.0% YoY.
Wilmar net profit expected to rise 6%-13% in Q1
Yihai Kerry Arawana's turnaround and the company's sugar milling segment contributed to the earning growth.
Manufacturing-related stocks post S$52m net inflows in Q1, returns dip 0.5%
Shipping firms Sembcorp Marine and Yangzijiang Shipbuilding were the most traded manufacturing-related stocks on SGX last quarter.
Singapore’s manufacturing sector back to contraction territory in March
Manufacturing PMI dipped 0.1 to 49.9 in March.
When will the manufacturing recession end?
February marked the fifth consecutive month of decline in industrial production.
Manufacturing output down 8.9% in February
Without biomedical manufacturing data, output declined nearly 5%.
New return scheme charges shoppers 10 cents refund deposit on bottles, cans
The new scheme aims to cultivate recycling habits in Singapore.
Worst is likely over for Top Glove: analyst
CGS-CIMB said the manufacturer will soon experience a rise in sales volume.
Top Glove struggles to make profit due to oversupply and destocking
The Malaysian glove manufacturer sees the headwinds to persist in 2023.
PC sales drop 11% in 2022
IDC expects the market to fall further in 2023 by 17%.
New programme to link UK businesses with Singapore advanced manufacturing
Singapore Deep-Tech Alliance and Innovate UK launched the programme.
Weaker external demand and electronics downcycle continue to hit PMI
There may be a sign of improvement but headwinds continue.
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