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Covid-19
Broker's Calls
Impact of Covid-19 on Starhill Global REIT priced in, malls see traffic again: CGS-CIMB
Malls are seeing encouraging recovery, say CGS-CIMB analysts.
October 29, 2020
Broker's Calls
Don’t expect 'eye-catching' 3Q business updates from Keppel, Sembmarine: UOBKH
The O&M sector is likely to continue as oil demand could stay weak in the face of more Covid-19 infections.
October 29, 2020
Results
Starhill Global REIT reports 19.2% lower NPI in 1QFY2020/2021 due to rental assistance
For the same quarter, net property income (NPI) fell 19.2% y-o-y to $29.8 million.
October 28, 2020
Singapore economy
Singapore strengthens bilateral energy cooperation with Hong Kong
Both agencies will share their knowledge and experience as well as work together on training and exchange programmes.
October 28, 2020
Singapore economy
DBS Group Research ups Singapore's FY2020 growth forecast, says recovery 'underway' but remains uneven
Seah expects an upward revision of headline GDP growth for 3Q2020 to -5.4% y-o-y in 3Q2020 from the 13.3% contraction in 2Q2020.
October 28, 2020
Singapore economy
Rebound in Singapore's economy likely to take longer than previous recessions: MAS
How long will it take for Singapore’s economy to reach pre-Covid levels?
October 28, 2020
Aviation & Engineering
SIA Engineering Company says all segments impacted for 1H20, will be recognising a non-cash impairment provision
SIAEC says it expects to release its financial results in early November.
October 28, 2020
Broker's Calls
Analysts positive on MCT despite 1H DPU, expects DPUs to recover in FY21
As at 12.33pm, units in MCT are trading flat at $1.85.
October 27, 2020
Broker's Calls
Acquisitions in Australia ‘transformational’ for ARA LOGOS Logistics Trust: analysts
ALOG proposed a total acquisition outlay of $441.2 million.
October 27, 2020
Broker's Calls
UOB Kay Hian upgrades SIA to 'buy' on formation of travel bubbles
The upgrade is a non-consensus call, though UOB Kay Hian's analyst K Ajith believes it is an “opportune” time to add positions.
October 26, 2020