Manufacturing
Worst is likely over for Top Glove: analyst
CGS-CIMB said the manufacturer will soon experience a rise in sales volume.
Worst is likely over for Top Glove: analyst
CGS-CIMB said the manufacturer will soon experience a rise in sales volume.
Top Glove struggles to make profit due to oversupply and destocking
The Malaysian glove manufacturer sees the headwinds to persist in 2023.
Over 45% of APAC manufacturers face barriers to adopt smart manufacturing
Employee resistance to tech change and lack of skills are the biggest hurdles.
APAC drives growth of global shell and tube heat exchangers market
The said market is seen to reach $18b in the next decade.
According to a report by Future Market Insights, the global shell and tube heat exchangers market is expected to reach $13b by 2023 and $18b by 2033, with a CAGR of 4.1% from 2018 to 2023.
Thailand's auto parts and accessories export industry reaps $15.6b in 2022
Approximately 2,200 manufacturers cater to the after-market or replacement market.
Automotive emerges as the most important growth driver for semiconductor
This is the first time automotive outranked other applications by a significant margin in KPMG’s research.
New programme to link UK businesses with Singapore advanced manufacturing
Singapore Deep-Tech Alliance and Innovate UK launched the programme.
China expected to drive growth in super absorbent polymers market
It is projected to account for 76% of East Asia market share by 2033.
2 in 3 C-suite execs find talent supply as the top concern for the semiconductor industry
It outpaces supply chain and digital transformation.
PMI edges up to 50.0 February
It increased by 0.2 points from January.
More than half of industry leaders believe chip shortage will end mid-2023
Only 20% believe it will last until 2024 or later.
8 in 10 semiconductor executives are optimistic about revenue growth
This is despite the normal correction cycle of the industry and predictions of a recession.
Oliver Healthcare Packaging expands to Malaysia with 122,000 sqft facility
This will be the manufacturing firm’s largest regional plant.
V-shaped recovery expected in some manufacturing sectors despite contraction
Demand will pick up for transport engineering and general manufacturing.
Manufacturing output drops 2.7% YoY in JanuaryÂ
Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.
SGX-listed glovemaker’s net profit declines 93% YoY in FY 22
The total net profit was at $64.9m (THB1.652b).
How much does Singapore lose each year due to supply chain disruptions?
TMX Global cites three ways to improve businesses' supply chain strategies.
