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Covid-19 pandemic
Results
Manulife US REIT posts 11.3% lower 2H20 DPU of 2.59 US cents on lower property income and provision for expected credit losses
FY2020 DPU fell 5.4% y-o-y to 5.65 US cents compared to 5.96 US cents in FY2019.
February 08, 2021
Results
Guocoland earnings for 1H21 drop 69% to $22.9 mil on higher tax expense and lower revenue
Revenue for the half-year period stood 44% y-o-y lower at $319.6 million mainly due to lower progressive recognition of sales.
February 04, 2021
Results
Frasers Logistics & Commercial Trust says Covid-19 pandemic as 'no material impact' on portfolio in 1Q business update
Units in FLCT closed 1 cent lower or 0.7% down at $1.45 on Feb 3.
February 03, 2021
Broker's Calls
PhillipCapital positive on ART as it expands investment strategy with new asset class
PhillipCapital has maintained a “buy” call and target price of $1.17 on Ascott Residence Trust despite a weaker 2HFY2020
February 03, 2021
Results
Koh Brothers reverses from net loss in 1H20 to earnings of $2.9 mil in 2H20
For the FY2020, however, the group posted a net loss of $14.8 million, mainly due to the adverse impact from the Covid-19 pandemic
February 03, 2021
Global Economy
Majority of adults 'optimistic' about tech in 2021, but fear risks in health, loss of income and natural disasters: WEF survey
The survey covered a total of 23,004 adults aged between 16 to 74 among the countries between Dec 23, 2020 and Jan 8, 2021.
January 27, 2021
Singapore economy
Singapore's manufacturing sector ends 2020 with a 14.3% increase in output in December
Manufacturing output expanded by 14.3% year-on-year in December thanks to expansions across most segments save biomedical engineer
January 26, 2021
Results
Suntec REIT announces 12.8% lower 2H20 DPU of 4.109 cents; 22.1% lower FY20 DPU of 7.402 cents on absence of capital distribution
As at 9.18am, units in Suntec REIT are trading 1 cent higher or 0.6% up at $1.55.
January 26, 2021
Results
CapitaLand expects to report loss for FY2020, to recognise higher impairment and fair value losses
CapitaLand will be releasing its FY2020 results on the morning of Feb 24.
January 22, 2021
Fintech
Online brokerage Tiger Brokers sees 108% investor growth in 4Q20, enters in strategic partnerships with partners including DBS
Tiger Brokers also announced the launch Fund Mall, which gives investors access to over 100 global mutual funds.
January 19, 2021