Analysts mixed on SPH REIT amid 1Q results
As SPH REIT announced distribution per unit (DPU) of 1.20 cents for the 1QFY2021 ended November on Jan 14, analysts…
UBS Group subsidiary emerges as substantial shareholder at iFAST
UBS AG, a subsidiary of UBS Group AG, has become a new substantial shareholder at iFAST Corporation. According to a…
Singapore construction demand for 2021 expected to rise up to $28b
Construction contracts for the built environment sector are expected to grow to between $23 billion and $28 billion this year,…
China economy grows 6.5% in fourth quarter as recovery gains momentum
China’s economic recovery beat analyst expectations in the fourth quarter, expanding 6.5 per cent from a year earlier, data from…
BRC Asia seeks to raise $14.2 mil in proposed placement of 10 mil new shares
BRC Asia has entered into a placement agreement with CGS-CIMB Securities in a bid to raise $14.2 million. Under the…
MAS enhances guidelines amid emerging technologies and shifts in cyber threat landscape
The Monetary Authority of Singapore (MAS) has issued its revised guidelines on technology risk management to “keep pace with emerging…
These REITs could ride the market recovery
As financial markets continue to rebound from the impact of Covid-19, several Singapore-listed REITs (S-REITs) could ride on the recovery,…
Is 2021 the year the aviation sector sees a recovery?
OCBC Research Group is turning more positive on the aviation sector and is expecting to see a gradual recovery this…
CGS-CIMB starts Jiutian Chemical Group at ‘add’ with TP of 14.5 cents on DMF cyclical upswing
CGS-CIMB Research has initiated coverage on Jiutian Chemical Group with an “add” call and a target price of 14.5 cents,…
STI down 0.72% despite December NODX expansion
The Straits Times Index (STI) was down 21.63 points or 0.72% as at 12.48pm on Jan 18 despite December’s non-oil…
Shares in Fu Yu Corp see over 20% spike, triggers SGX query
Shares in Fu Yu Corp surged as high as 20.7% to 33.8 cents as at 3.50pm on Jan 18, with…
Singapore’s NODX logs surprise 6.8% expansion in December
Singapore’s non-oil domestic exports (NODX) ended the year with a surprise increase in December that broke a two-month slowdown. Official…
Grab considering US IPO this year, say sources; could raise at least $2.67 billion
South-east Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by…
Singapore’s exports rebound 6.8% in December
Singapore’s non-oil domestic exports (NODX) rebounded by 6.8 per cent year-on-year in December, mainly due to a rise in shipments…