, The small rise suggests that growth momentum is stabilising somewhat however, the sector is still facing strong headwinds, said Zhou Hao, the China economist at Commerzbank in Singapore In order to facilitate the destocking and deleveraging process, monetary policy will remain accommodative
, The cyclical downturn in manufacturing is also weighing on sentiment among firms in Singapore and translated into lower levels of investment over the two years In the longer term, the Singapore economy s shift away from manufacturing towards the less capital intensive services sector may also affect
, Activity levels across Japan s manufacturing sector grew at the slowest pace in seven months in e The Nikkei IHS Markit flash manufacturing Purchasing Managers Index (PMI) fell to from , leaving it at the lowest level since ember last year Source IHS Markit The PMI measures changes in
, The Singapore Manufacturing PMI increased to in ober up from in the previous month The reading pointed to the fastest pace of expansion in the manufacturing sector since ember , boosted by a strong performance of new orders and new exports orders, growing employment and
, Global quality assurance and risk management company DNV GL has established a Global Additive Manufacturing Centre of Excellence in the cluster Furthermore, a new nanofabrication facility under construction at the National University of Singapore (NUS) will involve the use of D printing and
Today, digital technologies are changing the nature of globalisation in two important ways First, automation of manufacturing is moving manufacturing back west Adidas, for example, is moving production from China to Germany, owing to the lower cost of robotic manufacturing in Germany As Western companies re shore
, Photo credit Xiaomi India s emergence as a manufacturing hub could serve Singapore well India has both the youth population and the land to overcome the current space and manpower constraints faced by the city state If companies are looking to capitalize on this golden opportunity in India, there are
, Singapore REITs Page Services Producing Industries to become a key driver of Singapore s GDP growth Remarks Source CEIC, DBS Bank Following a pick up in manufacturing in early , DBS s economists expect the positive momentum to flow through to the services sector In , services.
, Strength in Singapore s manufacturing sector led the economy to expand at a faster pace than forecast in the three months to the end of tember ETFs in Focus as Singapore GDP Exceeds Expectations Nasdaq , Although GDP growth is expected to moderate in , rising interest rates
, With IoT playing a crucial role in Singapore s Smart Nation goals, manufacturing, logistics, homes and buildings, and retail are all looking to benefit from the productivity, cost savings, and big data driven predictive intelligence that IoT can bring, in a city where high speed data transmission, analysis, and
Mar , Singapore has land and talent constraints, and this technology will help the country leverage on highly skilled labor without deploying long assembly lines D printing had also been identified as an essential enabler in the Advanced Manufacturing and Engineering technology domain under Singapore s
, At least in two areas public sector pay and industrial policy the tiny but prosperous Singapore holds lessons for India as it celebrates the th anniversary of its independence.
, LONDON SINGAPORE (Reuters) British factories were left out of a demand driven surge in activity across much of Asia and Europe in e, as weakness in sterling failed to translate into export growth, surveys showed FILE PHOTO A Made in Britain sticker is seen on a tool box at Sigma UK in
, A National Electronic Health Record (NEHR) already exists for people in Singapore, but private health care providers are not obliged to contribute towards it They can do so voluntarily, though Under the draft Healthcare Services Bill, however, all health care licensees will be required to provide
On the economic front, the Republic is a leading global financial and trading centre, as well as being an important node for the manufacturing of high end electronics and pharmaceuticals Singapore is one of the world s busiest transhipment hub and its vaunted Changi Airport has won accolades for being the best airport in
Mar , The changes are aimed at improving Singapore s industrial energy efficiency improvement rate in line with the targets stated in the Singapore Climate Action Plan released in Singapore s rate has stalled at per cent in and per cent in lower than the one to two per cent improvement
, The Singapore Manufacturing PMI rose to in y from in the previous month The reading pointed to the strongest pace of expansion in the manufacturing sector since il, boosted by growth in new orders, new exports and output Also, the PMI for the electronics sector increased to from
, The Mauritius route is used for availing tax benefits and for ensuring anonymity He said FDI from Mauritius is however sector agnostic unlike FDI from countries like Japan, Germany and France, which are mostly in manufacturing related sectors The Singapore route is used mostly by Indian entities with a
, International Enterprise (IE) Singapore and Ascendas Singbridge have launched the Singapore Manufacturing Innovation Centre (SMIC) in Guangzhou, a one stop shop to facilitate partnerships between Singapore Industry (I) technology solutions providers and Chinese enterprises looking to adopt
, Microsoft Asia Digital Transformation Study shows that manufacturing firms are just starting to embrace disruptions as Asia Pacific ushers in the th the value of latent data to better meet the needs of customers, said Andrés Ortola, director of the Enterprise and Partners Group at Microsoft Singapore.
, SINGAPORE (Reuters) Foreign precision engineering firms are investing more in Singapore, d n by strong semiconductor demand and government incentives aimed at re tooling an economy short of skilled labor A Universal Robots employee demonstrates how a model of their industrial robot arms
, One of the joint lab s goals is for the local manufacturing industry, especially SMEs, to adopt the latest technologies, and be part of the high value global manufacturing supply chain to generate economic outcomes in Singapore These new business opportunities could then form a robust high value
Mar , The Indonesian manufacturing PMI surveys show the strongest rate of growth since the summer of .
, Singapore s industrial production in ember jumped up more than expected, posting its best monthly performance in at least two years, data from the Economic Development Board (EDB) showed on Thursday ( ) Manufacturing output rose percent from a year earlier, the EDB data
Efficiency And Productivity Of Singapore S Manufacturing Sector An Analysis Using Bootstrapped Truncated Approach BL Lee The Singapore Economic Review , , , Output and productivity comparisons of the Singapore and Hong Kong wholesale and retail trade sectors,