manufacturing

SINGAPORE (Sept 4): Maybank Kim Eng Research is maintaining its “sell” call on UG Healthcare Corporation with a 16% lower price target of 21 cents while noting weak cost management and a weaker ability to pass on additional costs.

(Aug 28): Singapore’s electronics output surged almost 50% in July from a year earlier, underpinning overall manufacturing in the city state and signaling a global trade recovery is holding up.

SINGAPORE (Aug 7): RHB Research has maintained its “overweight” rating on Singapore’s technology sector with an outlook that remains positive for the second half of 2017.

SINGAPORE (July 31): Maybank Kim Eng Research is maintaining its gross domestic product (GDP) growth forecast at 3% in the current year and 2.4% in 2018, while emphasising that the upside risks are now capped by weak job growth.

SINGAPORE (July 28): The local stock market may be headed for a correction in the third quarter of this year, but that should not deter investors from putting their money into stocks right now.

SINGAPORE (July 21): VP Bank is anticipating a moderate acceleration of Singapore’s economic growth rates to take place in the coming quarters on stronger manufacturing output.

SINGAPORE (July 17): Sunpower Group says that its wholly-owned subsidiary, Jiangsu Sunpower Technology, has secured a contract worth RMB65.9 million ($13.3 million) to provide engineering, procurement and construction (EPC) services to Qinghai Damei Coal

SINGAPORE (July 14): Singapore’s economy grew 2.5% y-o-y in the second quarter of 2017, at the same pace of growth in 1Q17, based on the latest advance estimates from the Ministry of Trade and Industry (MTI).  

SINGAPORE (July 4): Activity in Singapore factories expanded at a slightly faster pace in June, thanks to increases in new orders, new exports, inventory and factory output, a survey showed on Monday.

HANOI (June 30): Vietnam’s economy recovered this quarter with a surge in exports allowing it to rejoin a small group of nations posting growth rates of more than 6%.