Broker's Calls

ST Engineering to see weaker aerospace business but other defence segment resilient

SINGAPORE (May 18): The Covid-19 outbreak has hurt the commercial aerospace industry. ST Engineering, with a big chunk of exposure to this industry, is likely to suffer.

Singapore economy

Singapore's factory output makes a surprise 16.5% expansion, but expected to take a hit with 'more pronounced' impact of Covid-19 : EDB

SINGAPORE (Apr 24): Singapore’s factory output staged a surprising rebound with a 16.5% year-on-year growth in March, following a surge in biomedical manufacturing amid the Covid-19 pandemic.


ST Engineering reports contract wins worth more than $1.6 bil for aerospace, electronics arms in 1Q

SINGAPORE (Apr 20): Singapore Technologies Engineering (ST Engineering) has announced new contracts worth about $1.6 billion won by its aerospace and electronics sectors in 1Q2020.

Singapore economy

Singapore's factory output dips 1.1% in Feb, but more contractions to come this year, say economists

SINGAPORE (Mar 27): Singapore’s factory output fell 1.1% year-on-year in February, following a contraction in its linchpin electronics sector.

Singapore economy

3.4% increase in Singapore’s January 2020 factory output surprises market watchers

SINGAPORE (Feb 26): Singapore’s factory output has outperformed expectations to rise 3.4% year-on-year following a surge in biomedical manufacturing.

Emerging Markets

How developing countries create industrial champions

SINGAPORE (Jan 23): For many firms in emerging and developing economies, emulating the successes of Samsung and Hyundai may seem like an impossible dream.

Company in the news

Global Invacom relocates China operations to the Philippines amid rising costs, warns of net loss for FY19

SINGAPORE (Jan 15): Global Invacom, the global provider of satellite communications equipment, is expecting to book a net loss for FY19 as it makes “significant changes” to its operations. 

Singapore economy

Singapore factory output surprises with small gain in September

(Oct 25): Singapore’s factory output unexpectedly increased in September as a slump in electronics moderated and pharmaceuticals production surged.

Broker's Calls

Valuetronics posts 2.8% lower FY19 earnings; seeks to mitigate trade war risks with Vietnam expansion

SINGAPORE (May 29): Valuetronics Holdings, the provider of electronics manufacturing services (EMS), announced a 2.8% y-o-y decline in FY19 earnings to HK$199.5 million ($35.1 million) from HK$204.

Sector Focus

Why Northeast Asian economies needn't panic over the global electronics slowdown

SINGAPORE (Mar 5): Oxford Economics says the prospects of Northeast Asian economies, which are uniquely exposed to the ongoing global electronics slowdown, are not as bleak as they seem.

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