Precision Engineering

M&A

Miyoshi acquires factory property at Tradehub 21 for $1.6 mil

SINGAPORE (Dec 7): Precision engineering firm Miyoshi is acquiring a property at 26 Boon Lay Way, #01-80 Tradehub 21, from Precision Tooling Company (PTC) for a consideration of $1.55 million.

Singapore’s manufacturing sector anticipates weaker business outlook ahead

SINGAPORE (Jan 31): A mere net weighted balance of 2% of firms in Singapore’s manufacturing sector expect a favourable business situation for 1H17 compared to 4Q16.

Singapore’s Sept industrial production implies better 3Q GDP

SINGAPORE (Oct 27): Singapore’s industrial production (IP), which grew by 6.7% y-o-y in Sept, suggests an upward revision to the final 3Q16 GDP from the earlier advance estimate of 0.6% on year, says Maybank Kim Eng.

Singapore’s Industrial Production signals slowdown in real GDP growth

SINGAPORE (Sept 27): Singapore’s industrial production (IP) rose 0.1% on the back of higher output from electronics, precision engineering and chemical production, but IP dropped 1.3% in July-Aug from last year, this suggests downward pressure on gross
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