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infrastructure
Frasers Centrepoint acquires land parcel in Melbourne suburb for $466 mil mixed-use development
SINGAPORE (Oct 25): Frasers Property Australia, a unit of Frasers Centrepoint Limited, has secured 974 Black Forest Road – a 115 hectare land parcel in Wyndham Vale, a suburb of Melbourne, Victoria, Australia – for an undisclosed sum.
October 25, 2016
Broker's Calls
Can Keppel count on property and infrastructure for earnings support?
SINGAPORE (Oct 24): Credit Suisse and Macquarie Research have rated Keppel Corporation “underperform” and “neutral” with target prices of $5.00 and $5.80 respectively as weak contribution from its offshore and marine business continues to be a dra
October 24, 2016
Broker's Calls
Keppel conundrum
SINGAPORE (Oct 21): Keppel Corp’s 3Q results missed its mark, with earnings down 38% to $224 million from a year ago. This has caused mixed reactions for analysts.
October 21, 2016
Results
Keppel’s 3Q earnings fall 38.1% to $224.5 mil; misses expectations
SINGAPORE (Oct 20): Keppel Corp reported a 38.1% fall in its 3Q earnings to $224.5 million from a year ago on lower revenue and profitability of its Offshore and Marine (O&M) and Infrastructure divisions.
October 20, 2016
These 5 Asean destinations will dominate a $1.1 tril industry by 2026
SINGAPORE (Oct 18): By 2026, nearly 1 in 10 dollars (9.7%) of global investment in the travel & tourism (T&T) industry will be in the Asean region, says the World Travel & Tourism Council (WTTC) based on its latest report entitled ‘Travel & Tourism Inve
October 19, 2016
Broker's Calls
TEE International grows new waste-to-energy wing
SINGAPORE (Oct 14): NRA Capital has issued a “overweight” call on TEE International with a fair value of 34.5 cents given the group has declared its intention to expand into waste-to-energy projects.
October 14, 2016
In print this week
This might finally be Sapphire’s time to shine
SINGAPORE (Oct 7): The patience of long-time Sapphire shareholders might have been tested with the losses suffered in the earlier years and a share price that has seen two rounds of consolidation and a drop of almost 50% in five years.
October 07, 2016
Focus on increasing productivity, not manpower: DPM Tharman
SINGAPORE (Sept 29): Singapore is no stranger to disappointing gross domestic product (GDP) growth and alarming unemployment figures of late.
September 29, 2016
Sapphire clinches $92 mil Beijing metro contract
SINGAPORE (Sept 28): Sapphire Corporation announced it has secured a $92 million contract to build part of Beijing’s metro railway system.
September 28, 2016
Singapore is world’s second most competitive economy in 2016
SINGAPORE (Sept 28): Singapore has narrowly missed out on the top spot in the World Economic Forum’s (WEF) Global Competitiveness Index 2016, coming in second to Switzerland in the study involving 138 countries.
September 28, 2016