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Corporate News

UEM Edgenta to provide biomedical engineering services in Sarawak

KUALA LUMPUR: UEM Edgenta Bhd’s unit Edgenta Mediserve (Sarawak) Sdn Bhd plans to provide biomedical engineering maintenance services to government hospitals in Sarawak through a joint-venture (JV) company.


S’pore manufacturing output in October up 24% year-on-year

SINGAPORE: Singapore's total manufacturing output increased 24.4% year-on-year in October. However, excluding biomedical manufacturing, output declined 11.2%.


Singapore's industrial output grows 11.1 percent on year in June

Singapore's industrial production grew 11.1 percent on year in June, led by double-digit growth in the biomedical sector.


Manufacturing output up in S’pore

SINGAPORE: Singapore's manufacturing output increased 31% in October, boosted by the biomedical industry.


Singapore GDP grows 5.2% in 2nd quarter

The republic's economy grew 5.2% in the second quarter this year, from 2.7% in the first, mainly due to an expansion in biomedical output and robust performance in key services sectors such as wholesale and retail trade, and financial services.


Singapore Feb factory output expands 0.7% y-o-y

SINGAPORE: Singapore’s industrial production in February expanded slightly on a year-on-year basis and beat expectations, helped by growth in biomedical manufacturing, data showed on Tuesday.


Singapore raises 2005 growth forecast

SINGAPORE: Export-oriented Singapore on Thursday raised its GDP growth forecast for 2005 to 5 percent from between 3.5 percent to 4.5 percent earlier, citing an improving global economy which boosted biomedical exports in the third quarter.


Singapore's industrial output rises 22.4% on year in November

SINGAPORE: Singapore's industrial output grew at a faster-than-expected pace in November, boosted by a surge in production by the biomedical and transport engineering sectors, and a continued recovery in electronics.


S’pore needs to rethink bio PM’s sister says strategy misguided

The city-state should reassess its strategy for creating a biomedical industry after spending billions of dollars without achieving significant results, a member of the country's top political family said.


Singapore's economy shrank 0.6% in Q1

Based on advance estimates, the Singapore economy contracted by 0.6 per cent on a year-on-year basis in the first quarter of 2013, compared to the 1.5 per cent growth in the preceding quarter, said the Ministry of Trade and Industry (MTI).