Singapore Wants to Double Manufacturing
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Singapore says it hopes to double manufacturing output in 15 years even as regional competition heats up from lower-cost rivals such as fast-growing China and India.
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Business & money: Bank working to raise around Â£10bn from the Chinese and Singapore governments.
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US consumer goods and food giant Sara Lee plans to either sell or spin-off businesses with annual sales worth $8.2bn (Â£4.4bn).
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General Motors Corp.'s Hummer brand needs to double its product line-up by adding two or three more models, the executive charged with GM's product planning told reporters on Wednesday.
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Christopher J. Askew was hired as a senior executive in charge of a new business unit based in Singapore.
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Singapore's economy grows by 8.1% in 2004,  as a surge in manufacturing demand drove its best performance since 2000.
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Shanghai Automotive Industry Corp. and Nanjing Automobile Corp., said they will combine their production assets in hopes of creating a globally competitive firm.
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Chipmaker ST Microelectronics is doubling its Indian workforce to 3,000 and making the country a centre for R&D.
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Singapore's exports expanded by 17 percent to a record high last year, reflecting strong demand from China for oil and commodities and solid sales of electronics and pharmaceuticals to the United States and European Union.
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Lakshmi Mittal, who is based in the UK, yesterday set his seal on the consolidation of the global steel industry with a $17.8bn (Â£10bn) double merger to create the world&#39;s largest producer.
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Semiconductor Manufacturing International Corp. (SMIC) is expanding production capacity at its chip fabrication plants (fabs) in an effort to keep pace with growing semiconductor demand, the company&#39;s chief operating officer (COO) said Friday.
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PUTRAJAYA, Malaysia - After a lapse of two years, Malaysia and Singapore relaunched a round of talks Monday to resolve long-standing disputes ranging from water supply to a new bridge linking the two historically linked, but quarrelsome, neighbors.
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General Electric Co. , the  world&#039;s second largest company by market capitalization, could  double its business in China in four or five years, chairman  and chief executive Jeff Immelt said on Monday.
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Korea will have a lot to gain from closer ties with Singapore&#39;s advanced service and financial sectors, while Singapore can capitalize on Korea&#39;s efficient logistics system following the inking of the bilateral free-trade agreement, a Singaporean business
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Singapore Exchange Limited (SGX), which operates the local stock market, aims to have more than half of its listings be foreign firms by 2012, a top executive said in remarks published Thursday.
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SHANGHAI: Semiconductor Ma-nufacturing International Corp., Chinaâs top chip maker, said it aims to hike capacity by about half by the end of 2005 to feed an anticipated sales leap in a $30 billion market.
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KAESONG, North Korea  - An industrial park  offering cheap labor, handy transport links and next door to  major Asian markets should be a powerful lure for manufacturers  looking for a competitive edge.