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.

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.

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
From Bloomberg

Australia's property market is cooling down

(August 4): One of the key engines of Australia’s five-year housing boom is losing steam.

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.

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%.

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.

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

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. 

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.
×