Manufacturing

Textiles, wearing apparel, metal, and computer industries saw decreases in output volume.

More than half said their productivity was affected by such an incident.

Global trade is negatively affecting leasing demand for industrial space.

The growth was driven by reduced COVID disruptions.

The initiatives cover the manufacturing, management, and talent process.

For the quarter ended, there was a $6.6b worth of sales recorded.

Q3’s IIP growth was higher compared to the previous quarter.

This, as revenue from electronic product sales increase during the period.

Revenue over the period amounted to $26.70b.

The rebound of the electronics consumables led to increased demand in the laminates industry.

Firms can submit their entries until 29 October 2021.

The Group’s revenue also rose 41.5% to $1.2b over the same period.

Around 56% say they are threatened by the rising dependence on automation by local business, but analysts say there will also be opportunities.

The funds will be used to purchase clean energy-powered equipment.

The 3-year loan will be invested in green production.

This is an improvement compared to the 6.1% year-on-year decrease recorded in Q4 2020.