manufacturing

China Focus

December early indicators show China slowed for a seventh month

BEIJING (Dec 28): China’s economy slowed for a seventh straight month in December, as the trade war, subdued domestic demand and decelerating factory inflation combined to undercut growth.

Startups, Entrepreneurs, Digital economy

Enterprise Singapore and Bpifrance call for proposals on joint France-Singapore innovation projects

SINGAPORE (Sept 18): Enterprise Singapore and Bpifrance are calling for proposals on joint innovation projects in technological and application areas including advanced manufacturing, clean technology and medical technology.

Careers & Training

Singapore's manufacturing talent must evolve to address new challenges: Randstad

SINGAPORE (Sept 5): A growing number of companies in Singapore’s manufacturing sector have been jumping on the digital bandwagon by exploring how manufacturing intelligence and automation can help meet their business objectives, reduce cost and improve

Singapore economy

Singapore posts 11.8% higher NODX in July on non-electronic export growth

SINGAPORE (Aug 17): Singapore’s non-oil domestic exports (NODX) grew by 11.8% y-o-y in July this year after the 0.8% increase in June, as non-electronic NODX grew to outweigh the decline in electronics.

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

Results

Thakral Corp's 1H18 earnings rise 50% to $4 mil on higher revenue

SINGAPORE (Aug 2): Thakral Corporation reported a 50% rise in 1H18 earnings to $4 million compared to its earnings of $2.7 million a year ago. This came on the back of strong revenue growth from both its core businesses, investment and lifestyle.  

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

Results

Sino Grandness rolls out own-branded products in Meiyijia, Meiyiduo outlets across China

SINGAPORE (June 29): Sino Grandness Food Industry Group has expanded its distribution network further in the China market with its own-branded products, namely across Meiyijia convenience stores and Meiyiduo supermarkets in China.

Broker's Calls

This undervalued chemical player is a proxy to global economic growth, says SAC Advisors

SINGAPORE (June 26): SAC Advisors is starting coverage on Megachem at “buy” with a target price of 50 cents, which translates into 14.9 times FY19P/E to imply a 26% discount to the sector average.

Tech

Robots still missing from the largest part of Japan’s economy

TOKYO (June 22): Japan is famous as a land of robots, but most of those machines haven’t made their way off of factory floors.
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