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Top Glove struggles to make profit due to oversupply and destocking
The Malaysian glove manufacturer sees the headwinds to persist in 2023.
Top Glove struggles to make profit due to oversupply and destocking
The Malaysian glove manufacturer sees the headwinds to persist in 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.
Boustead Singapore secures more than 80% of real estate subsidiary
It is equivalent to an aggregate of 271,113,999 shares.
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.
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 January
Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.
Input cost inflation reaches 6-month high in Vietnam's manufacturing sector
This adds to the sector's challenging business conditions, said S&P Global.
EnterpriseSG, IFC to heighten supply chain finance for businesses
The partnership will also create joint outreach and business matching.
SGX-listed glovemaker’s net profit declines 93% YoY in FY 22
The total net profit was at $64.9m (THB1.652b).
China’s producer prices continue to fall in January
The country’s PPI dropped by 0.8% YoY.
India’s AI centres to drive significant growth in medical devices market
GlobalData projects a 5% CAGR growth for the market by 2030.
Resilience and agility are keys to sustainability and resilience in the changing market, experts say
Companies must not only respond quickly to changing conditions in the market but also collaborate to create meaningful impacts.
