Singapore's factory output has inched its way back into positive territory, although economists do not seem too impressed by the rebound.SINGAPORE'S factory output has inched its way back into positive territory, although economists do not seem too impressed by the rebound.
Economist Tan Khay Boon, senior lecturer at SIM Global Education, remarked:"The mild increase in manufacturing output year on year and decline in output month on month shows that the manufacturing sector is not out of the woods yet. United Overseas Bank economist Barnabas Gan pointed to these two clusters' performance as a red flag.
Meanwhile, transport engineering added 4.2 per cent, against 10.4 per cent growth in January, while general manufacturing was up by 4.1 per cent, easing from 4.6 per cent before.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Samsung Electronics expects Q1 earnings to miss market forecastsSEOUL: Samsung Electronics said on Tuesday (Mar 26) that it expects its first quarter earnings to fall short of market expectations as declines in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Boeing reshuffles top engineers amid 737 Max crisisSEATTLE (REUTERS) - Boeing Co, facing its biggest crisis in years following deadly crashes of its flagship 737 Max aircraft, has brought in a new vice-president of engineering while dedicating another top executive to the aircraft investigations, a company email showed on Tuesday (March 19).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Boeing reshuffles top engineers amid 737 MAX crisisBoeing Co's commercial airplane division, facing its biggest crisis in years following deadly crashes of its flagship 737 MAX aircraft, has brought in a new vice president of engineering while dedicating another top executive to the aircraft investigations, a company email showed on Tuesday. The
Source: YahooSG - 🏆 3. / 71 Read more »
ST Engineering bags first seaport AGV contractST Engineering on Tuesday announced that it has received its first contract for its autonomous material handling solutions for an undisclosed sum, in a filing to the Singapore Exchange. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
These young engineers want to make recycling a breeze in SingaporeIt’s not always easy to find a recycling or e-waste bin, prompting four GovTech employees to come up with a prototype tool to map all such bins in ... All the best and may all you 4 be successful!
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Stocks to watch: Frasers Property, ST Engineering, Cache Logistics Trust, Challenger, BM MobilityTHE following companies saw new developments that may affect trading of their shares on Thursday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
ST Engineering to partner BYD as part of consortium bid for autonomous busesST ENGINEERING and China electric-vehicle maker BYD have signed a Memorandum of Understanding (MOU) to develop autonomous bus platforms, as part of the former's plans to form a consortium in response to the Call for Collaboration (CFC) by the Land Transport Authority and the Singapore Economic Development Board. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Stocks to watch: DBS, SIA, ST Engineering, Metro, Sapphire CorpTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
New factory waste illegally dumped in Penang following Pasir Gudang contamination
Source: TODAYonline - 🏆 1. / 99 Read more »
In foreboding sign for US economy, factory sector softensU.S. manufacturing activity unexpectedly cooled in March, a troubling sign for the economy although the U.S. housing market showed signs lower ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »