UOB holds fast to Wilmar’s ‘buy’ with S$4.10 target price

SINGAPORE (Jan 16): UOB Kay Hian is maintaining its "buy" call on Wilmar with target price of S$4.10 or blended 14 times FY18 earnings, which is higher than its five-year mean. UOB is pegging the oilseeds and grains division at 20 times FY18 earnings to ... ( read original story ...)

Sercomm and Sequans Introduce New LTE IoT Button Device

LTE-M devices draw less power than traditional LTE devices ... Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online ... ( read original story ...)

Malaysia’s Najib criticizes Singapore ties under Mahathir

"We believe in good relations with our neighbor, with Singapore, and we've proven that we can bring tangible benefits to the people if we work closely together," Najib said at a news conference in Singapore. "The other side may have other ideas. We ... ( read original story ...)

Singapore to automatically exchange tax info with 61 states

SINGAPORE: Singapore has announced that it has activated automatic exchange of information relationships with a total of 61 territories, as part of global efforts to tackle tax evasion and fiscal crime. The exchanges will take place under the OECD’s ... ( read original story ...)

Malaysia-Singapore ink agreement on RTS

SINGAPORE (Jan 16): Malaysia and Singapore signed a bilateral agreement on the 4-km Rapid Transit System (RTS) Link between Johor Bahru and Singapore at the 8th Singapore-Malaysia Leaders’ Retreat today. The cross-border MRT system, first announced in ... ( read original story ...)

Expiry looms for Singapore’s water import deals

SINGAPORE: The development of water utilities will become more important over the coming decades as Singapore’s import agreements with Malaysia are set to expire in 2061, BMI Research revealed. According to a report, even if pipelines and water projects ... ( read original story ...)

Singapore Central Bank chief sees sustainable growth at 2-4%

SINGAPORE: Singapore’s economic recovery is broadening out in the city state, but there are still “real challenges” in the labor market, central bank Managing Director Ravi Menon said. Sustainable economic growth is estimated at 2 percent to 4 ... ( read original story ...)

Sabah to import four containers of pork to overcome shortage

As an immediate remedy, we will allow the import of four containers of pork to meet demand ... “Another theory is that they prefer to sell pork to Singapore where they fetch a higher price,” he said. When asked whether such claims were true, Dr ... ( read original story ...)