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Posts Tagged ‘output’

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Singapore manufacturing output slows; to return to trend: Update

Singapore’s manufacturing output grew at a sharply slower-than-expected pace in December as most segments logged tepid expansion and benefits of a lower base of comparison from last year started to wear off.
 
Analysts believe the slowdown points to a more sustainable rate of expansion this year.

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Singapore manufacturing to grow 5%-10% in 2011 – StanChart

Singapore’s manufacturing is likely to expand 5%-10% in 2011 from 29.7% in 2010 as the favorable base of comparison disappears and pharmaceuticals output moderates, Alvin Liew of Standard Chartered Bank says after data showed December output grew 9.0% on-year, compared with +40.5% in November, lower than the 19% median forecast of 12 analysts polled by Dow Jones. 2011 GDP growth is likely to slow to 4.6% from 14.7% in 2010, Liew says.

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Singapore’s industrial output growth slows to four-month low

Singapore’s industrial production rose at the slowest pace in four months as electronics and pharmaceutical manufacturers capped output amid easing orders.

Manufacturing, which accounts for about a quarter of the economy, climbed 9% in December from a year earlier after a revised 40.5% increase in November, the Economic Development Board said in a statement today. The median estimate of 12 economists surveyed by Bloomberg News was for a 16.8% gain. Production grew 29.7% in 2010.

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Singapore December manufacturing output up 9% on year

Singapore’s manufacturing output grew at a sharply slower-than-expected pace in December as most segments logged tepid expansion and benefits of a lower base of comparison from last year started to wear off.

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Singapore December manufacturing output likely +19%

Singapore’s manufacturing output growth likely slows to 19% in December on-year vs November’s +39.8%, according to a Dow Jones poll of 12 economists.

Analysts say industrial production may have peaked, and expect growth to return to more sustainable levels between 8.0% and 10% in 2011. Factory output is tipped to contract 3.2% on-month in December on a seasonally-adjusted basis after a surprise 1.1% expansion in November, according to the poll. 

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India’s industrial output dips to 18-month low

India’s industrial output fell to an 18-month low in November with production growing at a slow 2.7 percent, according to official data released Wednesday. Slowing industrial production will put the government and the Reserve Bank of India in a fix when it comes to tackling inflation as hiking key interest rates was one of the [...]

Singapore industrial output rose at fastest pace in six months

Singapore’s industrial production rose at the fastest pace in six months as electronics and pharmaceutical manufacturers increased output to meet demand.

Manufacturing, which accounts for about a quarter of the economy, climbed 39.8% in November from a year earlier, after a revised 29.8% increase in October, the Economic Development Board said in a statement today. The median estimate of 14 economists surveyed by Bloomberg News was for a 32.8% gain.

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Singapore industrial output growth quickens on pharmaceuticals

Singapore’s industrial production rose at the fastest pace in five months as pharmaceutical output surged, offsetting slower growth in electronics manufacturing.

Manufacturing, which accounts for about a quarter of the economy, climbed 31% in October from a year earlier, after a revised 26.8% increase in September, the Economic Development Board said in a statement today. The median estimate of 14 economists surveyed by Bloomberg News was for a 26.8% gain.

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STX OSV to Double Brazil Output on Petrobras Spending: Update 2

STX OSV Holdings, the biggest maker of oil-rig support vessels, plans to double capacity in Brazil as Petroleo Brasileiro SA works through the world’s largest oil-exploration investment plan.

The offshore-vessel maker will begin production at a second yard in Pernambuco, northeast Brazil in 2012 and begin deliveries the following year, Chief Executive Officer Roy Reite said in a Nov. 12 interview. Alesund, Norway-based STX OSV has orders for eight ships to be built at the new facility.

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STX OSV to double Brazil output on Petrobras spending : Update

STX OSV Holdings, the world’s biggest maker of specialized offshore support vessels, plans to double production capacity in Brazil as the country’s state-run oil company develops new fields.

The builder of rig-support vessels intends to construct a second yard in Pernambuco, northeast Brazil, which will start production in 2012 and begin deliveries the following year, Chief Executive Officer Roy Reite said in a Nov. 12 interview. The company has orders for eight ships to be built at the new facility.

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Singapore’s GMG Global sees rubber output growing

Singapore-listed rubber firm GMG Global (GMGG.SI) aims to grow its annual output of rubber by at least mid-single digit percentages for the three years after 2012 in order to meet the rising demand for the commodity from emerging markets like China and India.

GMG Global, which is 51-percent owned by China’s state firm Sinochem International (600500.SS), expects its annual production to increase to 150,000 tonnes a year by 2012, up from 100,000 tonnes this year.

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Singapore’s industrial output growth accelerated in September

Singapore’s industrial production rose at the fastest pace in three months, an advance that may ease as a slowdown in world economic growth hurts demand for electronics and pharmaceuticals.

Manufacturing, which accounts for about a quarter of the economy, climbed 26.2% in September from a year earlier, after a revised 7.7% increase in August, the Economic Development Board said in a statement today. The median estimate of 17 economists surveyed by Bloomberg was for a 19% gain.

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Singapore’s output growth unexpectedly cools to nine-month low

Singapore’s industrial production unexpectedly rose at the slowest pace in nine months, heralding slower economic growth after a record expansion in the first half of the year.

Manufacturing, which accounts for about a quarter of the economy, climbed 8.1% in August from a year earlier, after a 9.9% gain in July, the Economic Development Board said in a statement today. The median estimate of 10 economists surveyed by Bloomberg News was for an 11.7% gain.

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Showa Denko to spend $86m on Singapore disk output

Showa Denko K.K. plans to spend 5.5 billion yen ($86 million) to boost production of hard disks in Singapore. The Japanese company will complete the new production facilities by June 2011 and increase capacity by 2 million units a month, according to a statement on its website today.

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IndoAgri looks to up palm oil, sugar output: Update

Indofood Agri Resources (IndoAgri) (IFAR.SI), Indonesia’s top cooking oil seller, expects crude palm oil output to rise by 5-10% next year after flat growth this year as rains hindered plantation.
 
IndoAgri, a unit of giant noodle maker Indofood Sukses Makmur (INDF.JK), will also acquire more land for sugar in Indonesia, pitting it against the world’s biggest listed palm oil firm, Wilmar (WLIL.SI), which is also expanding its sugar landbank.

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Indofood Agri sees 2011 palm oil output up 5-10%

Singapore’s third-largest plantation firm, Indofood Agri Resources (IndoAgri) (IFAR.SI), said it is aiming to increase crude palm oil output by 5-10% next year after a likely flat performance in 2010. Mark Wakeford, the CEO of the Indonesian-controlled firm, told Reuters the company was also looking to acquire around 20,000 hectares of additional land for its sugar plantations, possibly in South Sumatra.

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Singapore factory output rises at slowest pace in eight months

Singapore’s industrial production rose at the slowest pace in eight months in July as pharmaceutical companies reduced output after a ramp-up earlier this year that boosted the island’s economy.

Manufacturing, which accounts for about a quarter of the economy, climbed 9.9% from a year earlier, after a revised 29.5% gain in June, the Economic Development Board said in a statement today. The median estimate of 11 economists surveyed by Bloomberg was for a 9.3% gain.

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Singapore’s factory output rises at slowest pace in four months

Singapore’s industrial production rose at the slowest pace in four months in June as pharmaceutical and electronic manufacturers made fewer goods, suggesting demand may ease as the global recovery cools.

Output at factories, which accounts for about a quarter of the economy, climbed 26.1% in June from a year earlier, after a revised 58.4% surge in May, the Economic Development Board said in a statement today. The median estimate of 10 economists surveyed by Bloomberg News was for a 38.4% gain.

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Singapore’s industrial output unexpectedly accelerated in May

Singapore’s industrial-production growth unexpectedly accelerated as electronics exports surged, sustaining the economy’s recovery from last year’s global slump.

Output at factories, which accounts for about a quarter of the economy, climbed 58.6% in May from a year earlier, after a revised 49.7% surge in April, the Economic Development Board said in a statement today. That’s the sixth straight month of growth. The median estimate of 12 economists surveyed by Bloomberg News was for a 37.2% gain.

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