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Australia
Civmec wins contracts for work on Northern Gas Pipeline in Australia
SINGAPORE (Sept 27): Construction and engineering services provider Civmec announced Wednesday that it has won several contracts for work on the Northern Gas Pipeline (NGP) project in Australia.
September 27, 2017
Broker's Calls
Frasers Commercial Trust to be held back by uncertainty over HP lease expiries: OCBC
SINGAPORE (Sept 4): OCBC Investment Research is maintaining its “hold” call on Frasers Commercial Trust (FCOT) with an unchanged fair value of $1.42.
September 04, 2017
Tech
How automation is set to revive Singapore’s competitive advantages
SINGAPORE (Aug 22): Despite acknowledging that intelligent technology could progressively claim many jobs, the Singapore government is also confident that artificial intelligence (AI) will concurrently create new jobs in areas such as data analytics, cybe
August 22, 2017
Australia's property market is cooling down
(August 4): One of the key engines of Australia’s five-year housing boom is losing steam.
August 04, 2017
Broker's Calls
Australian acquisitions could bring DPU upside to Frasers Logistics Trust: CIMB
SINGAPORE (Aug 1): CIMB Research is maintaining its “add” call on Frasers Logistics & Industrial Trust (FLT) with an unchanged $1.10 target price estimate, after its manager last week declared 3Q results in line with the research house’s estimates.
August 01, 2017
Broker's Calls
Australian portfolio to sustain Starhill Global REIT’s growth ahead
SINGAPORE (July 31): Religare continues to rate Starhill Global REIT “buy” at a target price of 88 cents, in view of a stable outlook coupled with what the research house deems an attractive FY18 yield of 6.8%.
July 31, 2017
Startups, Entrepreneurs, Digital economy
Fundnel partners Aussie startup incubator in Singapore launch
SINGAPORE (July 25): Fundnel has announced a first-of-its-kind partnership with ThincLab, a startup incubator backed by the University of Adelaide, for its launch in Singapore.
July 25, 2017
Lian Beng, KSH to divest St Kilda Road property in Melbourne for $36.6 mil
SINGAPORE (July 24): Lian Beng Group and KSH Holdings announced Monday that Lian Beng (St Kilda) has entered into a contract of sale with an unrelated third party for the proposed disposal of 19 units at 596 St Kilda Road in Melbourne, Australia for A$34
July 24, 2017
Tech
Is Singapore falling behind in the race for cyber security?
SINGAPORE (July 19): Asia Pacific companies may be loosening their purse strings on cyber security, but this may not necessarily yield the desired results, according to a new report by security company Palo Alto Networks.
July 19, 2017
Broker's Calls
Divestment bodes well for Mapletree Logistics Trust, but positives likely priced in: OCBC
SINGAPORE (July 11): OCBC continues to rate Mapletree Logistics Trust at “hold”, raising its fair value estimate on the counter to $1.15 from $1.14 given its stronger balance sheet and improved outlook of Singapore's REIT sector.
July 11, 2017