Manufacturing

Multi-Chem net profit down 23% YoY to $7.1m in Q3 2024

The company said it is mainly due to the decrease in profit before tax.

GP Industries anticipates up to $15m profit increase for H1 2025

The company said it is due to improved gross profit margin.

SABIC opens $220m resin manufacturing facility in Singapore

The facility boosts SABIC's specialty resin capacity production by over 50%.

PMI slows in October, marking 0.2-point dip to 50.8

The slowdown was due to slower expansions in key indexes.

Aztech Global's net profit drops 55.7% in Q3

Blame it on higher depreciation and net foreign exchange loss. 

Biomedical segment lifts Singapore’s manufacturing output in September

Excluding the segment, overall output would have decreased by 7.6% MoM.

Stamford Tyres founder Wee Kok Wah passes away at 78

He served as managing director and company president for about 50 years.

Lion Asiapac Limited warns of Q1 2024 profit loss

The expected loss is due to lower orders from its trading business.

SP and Federation of Malaysian Manufacturers partner to boost tech talent in manufacturing

The partnership supports the Johor-Singapore Special Economic Zone (JS-SEZ) initiative.

Lee Keen Whye steps down as Santak Holdings board chair

He will leave the company after its GM on 30 October.

PMI edges up to 51 marking 13th month of expansion

It is the highest reading since July 2021.