Manufacturing

IP to contact 7.0% in 2023: forecast

Experts said weak external demand persist for the rest of the year.

IP to contact 7.0% in 2023: forecast

Experts said weak external demand persist for the rest of the year.

August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert

RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.

Manufacturing output dips 10.5% MoM in August

Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM. 

EDB works with Johnson & Johnson to innovate SG’s life sciences

The collaboration backs early-stage firms and fast track innovative medicines.

GlobalFoundries opens $5b expansion fabrication plant in SG

The plant’s opening will create 1,000 new jobs.

PMI edges up to 49.9 in August

It increased by 0.1 points from July.

Manufacturing output dips 0.9% in July

Excluding the biomedical manufacturing segment, the output would’ve grown by 1.7%. 

CCCS wants public feedback on proposed acquisition of Fujifilm and KMG

The public forum runs from 17 August 2023 to 31 August 2023 at 5 p.m.

PMI edges up to 49.3 in July

It increased by 0.1 points from June.

Manufacturing firms optimistic about business in the remaining months of 2023

Across industries, firms in the transport engineering cluster expressed the highest optimism.

Jardine Matheson’s underlying profit up 10% YoY in 1H23

The 1H23 record is also ahead of pre-COVID levels in 2019.

Tepid recovery awaits manufacturing sector in 2H23

Industrial production contracted 4.9% YoY in June.

A*STAR rolls out R&D programme for high-performance EV component

It will also bolster the local electric vehicle (EV) supplier ecosystem.

Manufacturing output drops 4.9% in June

Excluding the biomedical manufacturing segment, the output would’ve fallen 5.2%.