Manufacturing
Investors hold on to Venture stocks amidst slower earnings
Investors hold on to Venture stocks amidst slower earnings
But the firm’s profits need to breach +20% to beat expectations, an analyst said.
Venture banks on growing demand from US customers
Twelve of its popular customers are bullish on outlook and revenue.
Chart of the Day: Weak outputs and imports weighed on manufacturing output in May
Both declined by 0.4 points each.
Singapore PMI down 0.2 point to 52.7 in May
The growth of factory output and new orders slowed down.
Singapore NODX up 1.1% in Q1
Huge declines in electronics were offset by gains in non-electronic products.
Has Singapore's manufacturing sector already peaked in Q1?
Electronics exports shrank by 6.9% and marked their fifth month of decline.
Private sector PMI climbed 1.9 points to 55.6 in April
It was bolstered by faster rises in output and new orders.
Short seller reports put heat on Venture for the rest of H1
Analysts cite weak e-cigarette sales of Philip Morris, which contributes 10% to Venture's revenue.
Precision engineering firms lead optimism in manufacturing sector
About 39% of them expect better business conditions, compared to 13% of firms overall.
Singapore Business Review opens nominations for the second Made in Singapore Awards and Designed in Singapore Awards 2018
Nominations will close on 6 July 2018.
Singapore's factory output grew 5.9% in March
This was bolstered by semiconductors, which has been growing at a double-digit rate for 25 months.
Venture Corp's Q1 profits soared 72.2% to $83.67m
It cited its operations in engineering and advanced manufacturing as a driver of growth.
Daily Briefing: PM Lee warns of trade war's big impact on Singapore; NTU Singapore builds furniture-assembling robots
And half of Singaporean firms still only have 20% of female bosses.
ST Electronics bagged contracts worth $635m in Q1
It secured a maintenance contract for lighting systems for an unnamed Asian operator.
German chemicals firm Evonik opens flexible lab in Singapore
The hub offers an interactive and collaborative workplace for professional and graduate engineers and scientists.
Micron's new plant to add 1,000 new jobs in Singapore
They will be needed for its cleanroom space for 3D NAND tech transitions.
TÜV SÜD to send 600 employees to new $100m regional HQ
The integrated office and lab facility will be located at the International Business Park.
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