manufacturing

No clear pickup seen yet but analysts upgrade Venture after 30% dip - THE EDGE SINGAPORE

Investing ideas

No clear pickup seen yet but analysts upgrade Venture after 30% dip

Venture's share price is supported by its strong cash balance which makes maintaining the 75 cents dividend payout likely
Singapore manufacturing output for May down 10.8%, prompting economist to warn of technical recession - THE EDGE SINGAPORE

Singapore economy

Singapore manufacturing output for May down 10.8%, prompting economist to warn of technical recession

On a seasonally adjusted month-on-month basic, output was down 3.9%

News

South Korea cuts chip production most since global financial crisis as demand cools

Threats to Korea’s chip industry include rising US-China trade tensions and a potential economic recession.
Meta Health pivots from making of metal parts to digitalising healthcare - THE EDGE SINGAPORE

SGX Research Series: 10 in 10

Meta Health pivots from making of metal parts to digitalising healthcare

"Looking ahead, we intend to advance our strategic focus on the healthcare segment"

Results

Venture Corp reports 3QFY2022 earnings of $97.4 million, up 26.4% y-o-y

For 9MFY2022, earnings increased by 24.9% y-o-y to $271.7 million

Semiconductor

Chipmaker rout engulfs TSMC, Samsung with US$240 billion wiped out

"It is difficult to call a bottom on the performance of the chip sector."

Global Economy

Good luck taking away China's manufacturing mojo

That’s just the cost of business.

News

HP and SIM to help equip Singapore with sustainable manufacturing capabilities

They will jointly train more than 1,500 learners and provide mentorship in 100 proof-of-concept projects.

China Focus

Don’t believe the grim forecast. China is just fine

Firms in priority sectors continue to boost their capital expenditure.

Investing ideas

Analysts raise target prices for Venture Corp following 1HFY2022 earnings beat

Besides growing the topline, the company was able to maintain its net margins at 9.7% — despite cost pressures
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