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electronics
Singapore economy
Singapore factory output surprises with small gain in September
(Oct 25): Singapore’s factory output unexpectedly increased in September as a slump in electronics moderated and pharmaceuticals production surged.
October 25, 2019
Broker's Calls
Valuetronics posts 2.8% lower FY19 earnings; seeks to mitigate trade war risks with Vietnam expansion
SINGAPORE (May 29): Valuetronics Holdings, the provider of electronics manufacturing services (EMS), announced a 2.8% y-o-y decline in FY19 earnings to HK$199.5 million ($35.1 million) from HK$204.7 million on lower revenue.
May 29, 2019
Sector Focus
Why Northeast Asian economies needn't panic over the global electronics slowdown
SINGAPORE (Mar 5): Oxford Economics says the prospects of Northeast Asian economies, which are uniquely exposed to the ongoing global electronics slowdown, are not as bleak as they seem.
March 05, 2019
Results
Challenger announces 22% higher FY18 earnings of $19.5 mil; proposes 2-cent final dividend
SINGAPORE (Feb 15): Challenger Technologies has concluded FY18 with $19.5 million in earnings, up 22% from $16 million in FY17 due to higher gross profit and lower operating expenses.
February 15, 2019
Broker's Calls
ST Engineering to see a revival of profit growth in the near term: RHB
SINGAPORE (Jan 15): RHB is maintaining its “buy” call on ST Engineering (STE) with a $3.97 target price, which implies 4% yield.
January 15, 2019
Singapore economy
Singapore Sept factory output falls 0.2% y-o-y, misses forecasts
SINGAPORE (Oct 26): Singapore's industrial production unexpectedly fell in September from the year earlier as manufacturing in the electronics and pharmaceutical sectors took a dip, data showed on Friday.
October 26, 2018
SE Asian economies
Winners and losers in the US-China trade war so far
SINGAPORE (Oct 23): The US-China trade war is diverting trade and investment to third countries unencumbered by tariffs, which is good news for Asean, says Maybank KimEng.
October 23, 2018
Singapore economy
Singapore NODX growth eases y-o-y in Aug on electronics decline
SINGAPORE (Sept 17): Singapore’s non-oil domestic exports (NODX) for Aug 2018 grew 5% y-o-y, moderating from the 11% expansion in the previous month due to a decline in electronics, which fell 1.5% following the 5.8% decrease in the previous month.
September 17, 2018
Singapore economy
MTI foresees slower 2H for Singapore's economy; maintains 2018 GDP growth forecast at 2.5-3.5%
SINGAPORE (Aug 13): The Ministry of Trade and Industry (MTI) expects Singapore’s economic pace of expansion to moderate in 2H18 against an external backdrop of a weakening global growth outlook, as well as increased uncertainties and risks in the global
August 13, 2018
Singapore economy
Local manufacturing firms increasingly optimistic amid ongoing trade war: EDB survey
SINGAPORE (July 31): Positive business sentiment is on the uptrend among Singapore's manufacturers even with the ongoing US-China trade war, according to the Economic Development Board’s (EDB) Survey of Business Expectations of the Manufacturing Se
July 31, 2018