Manufacturing
Budget 2024: Who are the big winners of SG’s new measures?
Six sectors will benefit the most from the budget, according to an analyst.
Silicon Box breaks bottleneck in chiplet packaging with sub-5-micron technology
The company’s technology reduces chiplet-based system packaging costs by up to 90%.
Manufacturing sector firms 'cautiously positive’ about business in 1H24
A net weighted balance of 10% expects an improved situation.
Signs of a broader recovery in manufacturing to emerge mid-2024
For the whole year, experts predict IP to expand by 4.0%-5.0%.
Manufacturing output dips 2.5% YoY in December
Excluding the biomedical manufacturing segment, output would’ve increased by 0.5% YoY.
GDMC secures $28.1m capital from Series A funding
Celadon Partners led the founding round.
Industrial sales value drop 4.4% YoY to $3.6b in 2023
Notable transactions in 2023 include the sale of Jardine C&C Regional HQ for $142m.
Former ATL exec director jailed for breaching director duties
He was sentenced to 6 months in prison.
Top Glove cuts loss to $16.5m in 1Q24
The company narrowed its losses despite a lower revenue for the period.
Has the electronic trade cycle bottomed out?
On a 6MMA YoY basis, electronic NODX has exhibited incrementally narrow contractions.
Factory activity in Singapore likely bottomed out, slow rebound seen
Easing financial conditions to give factories reprieve next year.
PMI edges up to 50.3 in November
It increased by 0.1 points from October.
Grand Venture Technology to acquire ACP Metal Finishing for $17m
The acquisition is still subject to the approval of GVT's shareholders.
5 ways to fast-track sustainable transformation in manufacturing companies
In Singapore, only 37% of companies have implemented sustainability initiatives.
Signs of a broader recovery in manufacturing could emerge in mid-2024: expert
An expert said manufacturing activity has likely bottomed following the 7.4% YoY jump in output in October.
Sri Trang Gloves closes subsidiary over recurring operational losses
Its subsidiary reported almost two years of net profit losses.
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