infrastructure

Global Economy

Thailand to kick start $61 bil economic revamp before polls

BANGKOK (Sept 28): Thailand’s military government is looking to start construction of projects under a 1.5 trillion baht ($61.2 billion) investment plan before the country’s possible return to democracy late next year.

Broker's Calls

This stock is well-placed to benefit from Indonesia’s gas-to-power initiative

SINGAPORE (Sept 13): OCBC Investment Research is maintaining its “buy” call on Keppel Corporation at a fair value estimate of $7.36 on the notion that it is well positioned to benefit from opportunities in Indonesia’s small-scale liquefied natural g

Broker's Calls

CAO primed to achieve greater heights on China’s burgeoning tourism market: Maybank KE

SINGAPORE (Sept 6): Maybank Kim Eng says it likes China Aviation Oil (CAO) as one of the largest jet fuel physical traders in the Asia Pacific (APAC) region, the group’s strategy for the expansion of its core China jet fuel supply business, as well as i

Broker's Calls

UOB Kay Hian initiates coverage on NetLink at ‘buy’ with 93 cent price target

SINGAPORE (Aug 31): UOB Kay Hian has initiated coverage on NetLink NBN Trust with a “buy” and target price of 93 cents, which implies an annualised distribution yield of 5.2% and 6% of the research house’s projects for FY18 and FY19, respectively.

Results

Civmec sees FY17 earnings halve to $8.4 mil on lower revenue

SINGAPORE (Aug 22): Civmec, the integrated construction and engineering services provider, announced earnings of $8.4 million for the full year ended June, down by half from the $17.4 million reported in FY16 on lower revenue.

China Focus

China crackdown hasn’t ended its foreign buying spree

HONG KONG (Aug 16): China’s government has sent shudders through investors and executives this year by cracking down on the nation’s biggest corporates and their record foreign shopping spree.

Results

Hock Lian Seng 1H17 earnings tumble to $2.5 mil on absence of JV profit

SINGAPORE (Aug 3): Civil engineering group Hock Lian Seng earnings for 1H17 ended June declined to $2.5 million compared to $12.5 million in 1H16 on the absence of joint venture profits in the previous year.

Aviation & Engineering

Singapore and Hong Kong’s airport dominance is under threat

SINGAPORE (July 27): For decades, Singapore and Hong Kong have reigned supreme: as key transit points connecting travelers in Asia to and from the rest of the world. But now, a US$1 trillion global airport spree is threatening the status quo. 

Building a ‘Smart Nation’ in Singapore doesn't come cheap

SINGAPORE (July 12): Schooling isn't cheap in Singapore: not just for citizens, but for the government too.

Broker's Calls

Keppel headed in the right direction despite ‘sluggish’ O&M contributions: RHB

SINGAPORE (June 30): RHB is maintaining its “buy” call on local conglomerate Keppel Corporation with a lower target price of $7.34 compared to $7.55 previously, after adjusting its discount rate and valuation for Keppel Land, Keppel Capital, and the o
×