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Singapore manufacturing output for May down 10.8%, prompting economist to warn of technical recession - THE EDGE SINGAPORE

Singapore economy

Singapore manufacturing output for May down 10.8%, prompting economist to warn of technical recession

On a seasonally adjusted month-on-month basic, output was down 3.9%
Singapore's factory output reverses into the red with 0.9% dip in October - THE EDGE SINGAPORE

Singapore economy

Singapore's factory output reverses into the red with 0.9% dip in October

Singapore’s factory output hit by broad-based declines in October
Singapore's factory output continues to grow with 24.2% expansion in September - THE EDGE SINGAPORE

Singapore economy

Singapore's factory output continues to grow with 24.2% expansion in September

Things have been looking up for Singapore’s factory output

Broker's Calls

ST Engineering to see weaker aerospace business but other defence segment resilient

While aviation is likely to cause ST Engineering to experience weakened earnings going forward, stable defence earnings and robust balance sheets will likely see dividend remain constant.

Singapore economy

Singapore's factory output makes a surprise 16.5% expansion, but expected to take a hit with 'more pronounced' impact of Covid-19 : EDB

“[A] more pronounced impact [on factory output] is likely to be seen from April 2020 onwards due in part to the implementation of the ‘circuit breaker’ measures,” says EDB.

Contracts

ST Engineering reports contract wins worth more than $1.6 bil for aerospace, electronics arms in 1Q

These contracts are over and above a defence contract that its land systems arm secured for the production and supply of the Hunter Armoured Fighting Vehicle from the Singapore Ministry of Defence.

Singapore economy

Singapore's factory output dips 1.1% in Feb, but more contractions to come this year, say economists

"Even without the US-China trade war, the Covid-19 pandemic is the black swan event that has... impacted global demand and dashed hopes of a manufacturing rebound,” says Selena Ling, who heads OCBC’s treasury research and strategy department.

Singapore economy

3.4% increase in Singapore’s January 2020 factory output surprises market watchers

The 3.4% increase in factory output exceeds the 5.8% drop predicted by private-sector economists in a Bloomberg poll, amid expectations of lower output from the earlier than usual Chinese New Year vacation, as well as uncertainty from Covid-19

Emerging Markets

How developing countries create industrial champions

For many firms in emerging and developing economies, emulating the successes of Samsung and Hyundai may seem like an impossible dream. But the rapid economic growth of Japan, South Korea and other Asian countries in the second half of

Company in the news

Global Invacom relocates China operations to the Philippines amid rising costs, warns of net loss for FY19

As one of the MNCs affected by US-China trade war tariffs, Global Invacom will completely cease operations in China and relocate to the Philippines by June.
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