food

Results

Olam reports 26.6% higher 1Q earnings of $143.9 mil on improved operational performance

SINGAPORE (May 15): Commodities trader Olam International announced $143.9 million in earnings for 1Q17, representing a 26.6% increase from $113.6 million in the previous year.

GLP announces signing 2.8 mil sq ft of new leases globally

SINGAPORE (April 6): Global Logistic Properties (GLP), the provider of modern logistics facilities, says it has signed a total 2.8 million sq ft worth of new leases globally over the past three months, driven by mainly third-party logistics providers (3PL

Investing strategies

What lies ahead for Asian economies and currencies this year: Deutsche

SINGAPORE (March 28): Deutsche Bank Wealth Management has highlighted rising inflation as a particular area for Asia to watch in the year ahead, which has the potential to become a policy issue but is not an immediate problem.

Tech

These 5 innovations could change your life in the next 5 years

SINGAPORE (Jan 6): IBM has identified five innovations that will likely impact how people perceive the world, improve health diagnoses and protect the earth, all within the next five years.

ST Electronics security solution gains approval for UK government use

SINGAPORE (Dec 23): ST Electronics says its AgilFence Perimeter Intrusion Detection System (PIDS) has met the UK Centre for the Protection of National Infrastructure (CPNI) standard.

Broker's Calls

Fresh optimism on Sheng Siong, thanks to decent 3Q

SINGAPORE (Oct 27): DBS Vickers Securities is keeping its “buy” call on Sheng Siong Group with a higher target price of $1.19 from $1.18 previously, following the supermarket chain operator’s announcement yesterday of a 8% rise in 3Q earnings to $15

Broker's Calls

Super Group shares bland on higher raw material prices and volatile forex

SINGAPORE (Oct 13): Daiwa Capital Markets is maintaining its “sell” call of instant coffee manufacturer Super Group with 65 cents target price on doubts of a recovery and lack of earnings visibility.

F&N appoints new CEOs for beer and food businesses

SINGAPORE (Sept 22): Fraser and Neave has appointed two new CEOs for its beer and food business segments with effect from October.

Olam posts 20% rise in 2Q earnings to $115 mil

SINGAPORE (Aug 12): Commodities trader Olam International posted a 20% rise in earnings to $114.9 million for the quarter ended June from $95.8 million a year ago, due to improved operational performance in its food category.

Maybank expects muted headline inflation to prevail this year

SINGAPORE (June 24): Maybank Kim Eng is retaining its 2016 headline inflation forecast at –0.4% on the dissipating effect of lower global oil prices and Singapore’s Budget 2015 measures that included rebates, subsidies and reduction of levies.
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