Manufacturing
Top Glove struggles to make profit due to oversupply and destocking
The Malaysian glove manufacturer sees the headwinds to persist in 2023.
Top Glove struggles to make profit due to oversupply and destocking
The Malaysian glove manufacturer sees the headwinds to persist in 2023.
PC sales drop 11% in 2022
IDC expects the market to fall further in 2023 by 17%.
New programme to link UK businesses with Singapore advanced manufacturing
Singapore Deep-Tech Alliance and Innovate UK launched the programme.
Weaker external demand and electronics downcycle continue to hit PMI
There may be a sign of improvement but headwinds continue.
PMI edges up to 50.0 February
It increased by 0.2 points from January.
V-shaped recovery expected in some manufacturing sectors despite contraction
Demand will pick up for transport engineering and general manufacturing.
Manufacturing output drops 2.7% YoY in January
Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.
SGX-listed glovemaker’s net profit declines 93% YoY in FY 22
The total net profit was at $64.9m (THB1.652b).
How much does Singapore lose each year due to supply chain disruptions?
TMX Global cites three ways to improve businesses' supply chain strategies.
Evident’s Microscopy Centre recreates laboratory environments for realistic demos
The centre is part of the company's new Asia Pacific headquarters in Singapore.
Budget 2023: What SG can do to boost supply chain resilience
Global consultancy firm, Kearney, lays out two steps.
VFlowTech raises US$10m in Series A funding
The startup will use the funds to expand its market presence in the US. amongst others.
Singapore PMI contraction will stay longer in 2023
The index edged up 0.1 in January.
PMI contracts to 49.8 in January
It edged up 0.1 points from December.
Manufacturing sector’s business outlook deteriorates
This as firms experience slow demand for manufactured goods.
Three strategies for securing talents in the semiconductor industry amidst global chip shortage
The industry’s integrated circuit design and R&D space need more talent, SSIA said.
After net loss, will Top Glove be back in black?
It posted $51.6m net loss in the first quarter ending November 2022.
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