Covid-19

Aviation & Engineering

Return of mass air travel will take at least two years: Transport minister Ong

Ong also stressed the importance of developing a widely available and effective vaccine to help countries open their borders.
Ascott achieves record high signings of over 5,600 units in China despite Covid-19 - THE EDGE SINGAPORE

Property

Ascott achieves record high signings of over 5,600 units in China despite Covid-19

Globally, Ascott secured new contracts for over 3,700 units including its foray into Austria and expansion in Indonesia.
EC World REIT secures and renews two major leases in China - THE EDGE SINGAPORE

REITs

EC World REIT secures and renews two major leases in China

The new rental rates represent a 1.1% and 4.3% increase respectively for EC World REIT's new tenants.

Broker's Calls

Maintain ‘buy’ on CAO amid expected improvements in China domestic traffic: RHB

RHB Research have maintained their “buy” call on CAO amid expectations of improved domestic air traffic

Covid-19

J&J halts Covid-19 vaccine trial due to unexplained illness

J&J shares fell 2.4% in trading before US exchanges opened.
MAS maintains Singdollar policy stance in Oct, citing a rebound in Singapore's economy in 2021 - THE EDGE SINGAPORE

Singapore economy

MAS maintains Singdollar policy stance in Oct, citing a rebound in Singapore's economy in 2021

MAS stands pat on Singapore’s monetary policy in Oct 2020
Covid-19 related writedown sends SPH into red ink of $83.7 mil, dividend slashed - THE EDGE SINGAPORE

Results

Covid-19 related writedown sends SPH into red ink of $83.7 mil, dividend slashed

SPH cut its dividend from 6.5 cents to one cent
Higher swine and milk prices to help Japfa mitigate weak poultry business - THE EDGE SINGAPORE

Broker's Calls

Higher swine and milk prices to help Japfa mitigate weak poultry business

Higher swine and milk prices to help Japfa mitigate its weak poultry business
Singapore market 'awakening', look beyond 3Q2020: DBS - THE EDGE SINGAPORE

Broker's Calls

Singapore market 'awakening', look beyond 3Q2020: DBS

The Singapore market is awakening and the worst of the earnings cuts has passed.

Covid-19

Singapore eases quarantine rules for travellers from Hong Kong

Travellers from Hong Kong will have their quarantine requirement reduced from 14 days to a seven-day stay-home notice.
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