DBS

SINGAPORE (July 21): DBS expects modern grocery retail (MGR) to grow further as it has increased its penetration by 30% in Asean-5 over the past two years, from 29.6% in 2015.

SINGAPORE (July 20): DBS is maintaining its “buy” call on mm2 Asia with a higher target price of 75 cents based after accounting for Golden Village acquisition and expected margin improvement.

SINGAPORE (July 19): DBS is downgrading M1 to “fully valued” with a lower target price of $1.78 after removing the 25% M&A premium.

SINGAPORE (July 17): DBS is remaining positive on Malaysia’s glove manufacturers despite the recent gas tariff hike.

SINGAPORE (July 10): Oversea-Chinese Banking Corporation (OCBC) has topped the rankings for overall customer satisfaction with retail banking, particularly in account activities and fees, according to the inaugural JD Power Singapore Retail Banking Satis

SINGAPORE (July 5): DBS is reiterating its “buy” call on Japfa with a target price of 88 cents given a more stable outlook for the poultry industry in Indonesia.

SINGAPORE (July 3): International Enterprise (IE) Singapore, the government agency that promotes international trade and partners Singapore companies to go global, has brought together portfolio companies of state-owned fund Temasek Holdings to jointly pa

SINGAPORE (June 30): DBS says the increase in land supply would be positive for developers if they submit winning bids to replenish their land banks.

SINGAPORE (June 30): DBS is maintaining its “buy” call on Keppel REIT (KREIT) with a target price of $1.23 following its acquisition of a 50% stake in an office tower in Australia.

SINGAPORE (June 29): DBS is reiterating its “buy” call on Thai Beverage with a target price of $1.07 on expectations slowing consumption in Thailand is only a temporary blip.