SINGAPORE (May 28): Golden Agri-Resources (GAR) might have seen its share price fall close to 20% since mid-April, but OCBC Investment Research analyst Low Pei Han believes that it is “still not ... ( read original story ...)
Netlink NBN Trust offers shelter against volatility: UOB
SINGAPORE (May 28): UOB Kay Hian is maintaining its “buy” call on Netlink NBN Trust (NLT), in line with consensus, as the stock offers an attractive shelter against external volatility. This came on ... ( read original story ...)
Accumulate ComfortDelGro on dips given good track record: UOB
SINGAPORE (May 28): UOB Kay Hian recommends investors "buy" ComfortDelGro (CDG) on dips with a target price of $2.77 following the group’s results announcement. See: Brokers shift gear to 'hold' for ... ( read original story ...)
HSBC makes senior Southeast Asia appointment
Ray initially joined HSBC India’s Securities Services before relocating to Hong Kong in 2008 where he eventually held the position of director, global banking, covering international banks and brokers ... ( read original story ...)
CapitaLand Mall Trust upgraded to ‘buy’ by UOB on Jurong Lake District plans, Funan launch
“We estimate that Funan will contribute rental income of $16.5 million in 3Q19, representing 8% of total gross revenue,” says UOB lead analyst Jonathan Koh ... Gateway and leisure precinct Lakeside, ... ( read original story ...)
HSBC Singapore names head of financial institutions group for SE Asia, a new role in Asean push
SINGAPORE - HSBC Singapore has appointed Kanakanjan Ray as head of financial institutions group (FIG), South-east Asia - a newly created role in the Hong Kong-listed bank's global banking and markets ... ( read original story ...)
CapitaLand’s merger with Ascendas-Singbridge to herald new growth era: DBS
SINGAPORE (May 27): DBS Group Research believes CapitaLand’s (CAPL) merger with Ascendas-Singbridge (ASB) will herald a new era of growth for the property group. See: CapitaLand and ... ( read original story ...)
AA REIT kept at ‘buy’ by DBS for attractive in-demand assets, resilient yields
SINGAPORE (May 27): DBS Group Research likes AIMS APAC REIT (AA REIT) for its Singapore-focused diversified asset portfolio and attractive exposure to in-demand properties such as business parks and ... ( read original story ...)
SCB launches open API
SCB will open its API via a web portal (https:\developer.scb ... Leading firms in many countries such as Britain, Singapore and Australia have provided API access to share resources with independent ... ( read original story ...)
The Race for 650 Million Virtual Bank Accounts
Then there’s liquidity. Singapore’s DBS Group Holdings Ltd., which started a mobile-only digital bank in India in 2016, claims to be targeting SMEs with data-driven lending. It’s unclear if the ... ( read original story ...)
Grab driver gets 3 months jail for refusing to return S$30,000 wrongly transferred to his account
Due to an unfortunate error, the money was instead transferred by a Grab finance associate to the POSB savings account of Wong. At that time, according to Yahoo Singapore, Mr Wong provided freelance ... ( read original story ...)
DBS Regatta connects community
There will be 107 teams racing in various categories in the event held in partnership with the Singapore Dragon Boat Association (SDBA) from May 31 to June 2 at The Promontory @ Marina Bay. DBS Asia ... ( read original story ...)
Eagle Hospitality REIT’s IPO falls flat as investment banks pick up slack
Investors subscribed to less than half of its stapled securities. Despite being the largest IPO on the Singapore Exchange (SGX) in 2019 to date, Eagle Hospitality Real Estate Investment Trust’s (EH ... ( read original story ...)
Witnesses say John Soh, Quah Su-Ling directed 2013 stock manipulation trades
In a May 22 filing with SGX, Annica CEO Sandra Liz Hon Ai Ling said Ong resigne.... SINGAPORE (May 27): Tan Boon Gin, CEO of stock exchange regulator Singapore Exchange Regulation, says the market can ... ( read original story ...)
Most Asean markets down on trade war, KLCI up
SINGAPORE: Most Southeast Asian stock markets declined on Friday as the trade war between the United States and China snowballed into a deeper strategic issue, while Indonesia was on track to snap ... ( read original story ...)
Singapore chases tech ‘Jedi Masters’ for Silicon Valley ambitions
Manufacturing, finance and insurance made up more than a third of Singapore's $356 billion economy in 2018. The information-communications sector, into which tech firms would largely fall, was about 4 ... ( read original story ...)