Manufacturing
Aztech unit sells Johor property for $8.73m
Aztech unit sells Johor property for $8.73m
Upon completion of the sale, Aztech will report a net gain of $4.15m (RM13.7m).
Singapore's manufacturing output up 3.9% YoY in May
Transport engineering posted the highest growth at 25.6% YoY.
Singapore manufacturing hit as US reshoring cuts demand: report
Notably, 55% of Singapore’s exports to the US are now subject to a 10% tariff, with electronics and machinery forming the bulk of those goods.
CosmoSteel receives cash offer from 3HA Capital via Evolve
The offer is set to close at 5:30 p.m. on 3 July 2025, unless an extension is announced.
VinFast posts $875.7m Q1 loss despite strong revenue growth
Total revenues rose 149.9 YoY.
Fu Yu’s FY2024 revenue up 0.5% YoY
Gross profit rose 27.8% YoY.
Grand Venture Tech’s profit after tax up 27.7% YoY in Q1
The company’s revenue also rose by 44.8% YoY to $44.6m.
Frencken to build new $63m manufacturing facility in Kaki Bukit
The site will be built on a plot of land leased from JTC Corporation to its subsidiary ETLA.
PMI edges up to 49.7 in May
This marks the second contraction following 19 consecutive months of expansion.
NIO boosts EV deliveries by 13.1% YoY in May
Cumulative deliveries reached 760,789.
Global Invacom to bring XRJ transceivers to Middle East in $4.9m deal
The XRJ transceivers offer the highest power output currently available in the market.
Singapore launches decarbonisation playbook for manufacturers
It supports over 5,000 manufacturers.
Singapore's manufacturing output up 5.9% YoY in April
The transport engineering sector posted the biggest growth at 22.9%.
Frencken’s Q1 net profit up 12% YoY
This was driven by higher contributions from the mechatronics division.
A*STAR and partners launch EDA Garage to aid semiconductor sector
CM Engineering Labs Singapore is the first subscriber of the initiative.
Yoma’s net profit falls 36% YoY in FY 2025
Revenue decreased by 7% YoY to $264.8m.
Delfi Limited’s EBITDA down 27.2% to $21.9m in Q1 on lower sales in Indonesia
Higher cocoa bean prices continue to weigh on chocolate manufacturers globally.
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