Manufacturing

Figtree to build $43.5m food processing facility for OJJ Foods

The facility will have a refrigerated ASRS warehouse, amongst others.

How long can Venture hold against trade tensions?

It indicated a lack of end-market visibility for Q4 2019.

Venture Corp profits fell 7.3% to $90.81m in Q2

Revenues slipped 5.1% as its customer portfolio took hits from geopolitical headwinds.

PMI climbs 0.2 point to 49.8 in July

A marginal expansion of new orders and factory output drove the recovery.

Over 1 in 5 manufacturers bearish about business in H2

Low demand for semiconductors, slow global economy and trade tensions hit the sector.

Manufacturing output down 6.9% in June

The electronics and transport engineering segments led the decline.

Allied Tech's audited statements reveals $30m net loss for FY2018

This was blamed on an impairment loss of $31.27m from the acquisition of Asia Box Office.

PMI falls to near three-year low in June

There were declines in new orders, factory output, inventory and employment performances.

Chart of the Day: Top 30 manufacturing stocks hit 20.4% average return in H1

Their combined net institutional inflows amounted to $264m.

Sunpower Group clinches $6.67m manufacturing and services contract

It will design and construct long-distance distribution steam pipelines and a smart energy station for State Power Investment Corporation.

Manufacturing output down 2.4% in May

The chemicals, precision engineering and electronics industries led the decline.

New multi-billion euro feed additive plant opened on Jurong Island

The plant has an annual production capacity of 150,000 metric tonnes.

JLC Advisors' missing lawyer linked to Allied Tech's missing $33m arrested

The lawyer was accused to have deceived CCJ Investment in disbursing $6m.

Manufacturing PMI falls to 49.9 in May after 32-month expansion streak

New orders, new exports, factory output, inventory, and employment level all slowed down.

Commercial Affairs Department seizes Allied Technologies documents over probe

The company is subject to a probe on $33m missing from an escrow account with law firm JLC.