supply chain disruptions

Has Covid-19 killed Asia's growth miracle? - THE EDGE SINGAPORE

SE Asian economies

Has Covid-19 killed Asia's growth miracle?

To counter supply-chain disruptions, Asean must enhance economic integration, diversify sources and beef up multinational forums.
Most Singapore SMEs tapped on government Covid-19 support, more than global counterparts: Xero - THE EDGE SINGAPORE

Disruption and Digitalisation

Most Singapore SMEs tapped on government Covid-19 support, more than global counterparts: Xero

The study also found that local SMEs were more likely to leverage on digital customer insights than their global counterparts.

Singapore economy

Manufacturing activity continues decline for fifth month in June, but sees pickup from May

"Any exacerbation of the Covid-19 pandemic will prove to be more detrimental than beneficial for Singapore’s manufacturing environment,” says UOB economist Barnabas Gan.

Investing ideas

Robust outlook, limited Covid-19 disruptions for semiconductor stocks: Maybank

Maybank Kim Eng Research analyst Lai Gene Lih says that stocks such as UMS Holdings and AEM Holdings are not only unlikely to face disruptions from the Covid-19 pandemic, but are also poised to thrive on strong outlooks from their key customers.

Broker's Calls

AEM remains 'best and biggest port' amid Covid-19 storm: KGI

KGI analyst Kenny Tan says AEM's guidance raise reflects a “changing sentiment” due to continued orders from Intel. In addition, companies in the tech sector can generally remain defensive amid the Covid-19 pandemic.

Results

UMS Holdings posts 53% increase in 1Q earnings to $10.7 mil on 'robust improvement in customer demand'

On the back of improved performance, UMS is proposing a 1.0 cent tax-exempt interim dividend that is slated to be paid out on July 28. This dividend is also double that of the 0.5 cent dividend paid out last year.

Singapore economy

Manufacturing activity continues decline in April, but experts say more contractions are to come

A recent survey commissioned by Singapore’s Economic Development Boards (EDB) found that 60% of manufacturers here expect business conditions to worsen in the next six months.

Investing ideas

Industry recovery, revenue visibility to cushion Yangzijiang from Covid-19 concerns: analysts

Despite the decreases in Yangzijiang’s topline figures for 2QFY2020, market watchers are confident this is a stumble, and the group remains poised to navigate through the rough waters.

Tech

Micron sidesteps Covid-19 challenges

“Something that has always happened when these great, massive dislocations take place is that you end up seeing innovation coming out of them,” says Micron’s executive vice-president of global operations Manish Bhatia, referring to the Covid-19 pandemic.
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