Johor Baru, Malaysia: Singapore and Malaysia are partnering to construct a railway line—Rapid Transit System (RTS) Link—which will start commercial service by the end of 2024.
Singapore: The top three most innovative nations are Switzerland, Singapore, and Belgium, according to the annual Innovationsindikator (innovation indicator) report.
Singapore: Machine tool maker Yamazaki Mazak celebrated its 25th anniversary in Singapore this year. At the event, the company announced the expansion of their new tooling and machine tool production, inauguration of their new additive manufacturing solution centre.
Singapore: The Purchasing Managers’ Index (PMI) for Singapore dropped 0.3 points in May to a slower expansion rate of 50.8, according to the Singapore Institute Of Purchasing And Materials Management.
Singapore: Industrial cutting system provider Hypertherm hosted an event for channel partners, where they were introduced to two new additions: plasma cutting system XPR-300 and CNC automated control system Edge Connect.
Michigan, USA: Ford Motor, facing pressure to improve profitability, announced it would cut nearly 10 percent of jobs in its North America and Asia Pacific divisions. The company’s chief executive officer, Mark Fields, will also be stepping down amidst plummeting stock prices.
Singapore: General Motors will cut jobs in its international headquarters in Singapore as part of its global efforts to reduce costs.
What does the future hold for augmented reality and other forms of human data interaction in manufacturing? By Jonathan Chou
With 2017 looking to be a year of steady manufacturing growth for Southeast Asia, machine tool makers that form the backbone of most industry development would do well to take notice. By Jonathan Chou
Singapore: The local government will support companies in the use of advanced machine tools for prototyping and testing, said Singapore’s Finance Minister Heng Swee Keat in his Budget 2017 speech on 20 February.