Manufacturing
Venture's profits slipped 0.7% to $370m in FY2018
Venture's profits slipped 0.7% to $370m in FY2018
It was hit by its customers’ product transitions and M&A activities.
Boustead Projects bags $70 million factory deal
The facility will have a gross floor area of approximately 36,300 sq m.
NODX slipped 10.1% in January
This is the worst NODX performance since October 2016.
NODX edged up 4.2% in 2018
The growth was driven by the 8.2% increase in non-electronic NODX.
Can Venture Corporation recover and regain investor confidence?
Its major customers, Illumina and Philip Morris, guided for growth in 2019 but trade war risks remain.
Singapore PMI down 0.4 point to 50.7 in January
The growth of new orders, new exports and factory output slowed down.
Singapore's manufacturing sentiment sours for H1 2019
Manufacturers are less optimistic amidst weakening demand.
Singapore manufacturing inched up 2.7% in December 2018
Manufacturing output rose 7.2% in 2018.
British appliance giant Dyson takes big leap to move head office to Singapore
It is set to build electric cars in the citystate.
Grand Venture Technology launched IPO on Catalist at $0.275 per share
It will issue an aggregate 42,918,000 new shares.
High tech manufacturing still top priority to boost China's economy
The government is set to pursue efforts in developing smart factories to enhance efficiency and quality control.
Should Venture worry about a third IQOS manufacturer for Philip Morris?
It could struggle for more market share as the second manufacturer, FLEX, has already hit supplier limit.
Manufacturing PMI contracted to 49.4 in November
It was dragged by growth slowdown in new orders and new exports, amongst others.
Venture expects boost from US-China trade tariffs
It is aiming for a 6-10% net profit margin range.
Manufacturing output rebounds with 4.3% growth in October
Transport engineering led the growth as output increased by 30.8%.
South Korea's environmental platforms to hinder steel industry growth
The country’s steel companies will increasingly employ technology to lower emissions in complying with environmental regulations.
Philippine manufacturing PMI hits ten-month high to 54 in October
The sector’s growth is driven by increase in client demand.
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