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Startups, Entrepreneurs, Digital economy
LTA may allow taxis, private-hire cars to do deliveries on trial basis
SINGAPORE (Sept 10): Taxi operators and private-hire car firms who are interested in allowing their drivers to perform courier services on a limited trial basis can approach the Land Transport Authority (LTA), Senior Minister of State for Transport Janil
September 10, 2018
Broker's Calls
ComfortDelGro to rise above the land transport sector’s negative noise
SINGAPORE (April 19): Deutsche Bank is keeping its “buy” recommendation on land transport group ComfortDelGro (CDG) at a target price of $2.90, although it notes near-term pressures abound in Singapore’s taxi industry as well as projects 5-7% lower
April 19, 2017
Broker's Calls
Why analysts think ComfortDelGro investors can rest easy
SINGAPORE (Jan 6): UBS and RHB are reiterating their “buy” calls on ComfortDelGro with target prices of $3.43 and $3.24 respectively in anticipation of higher earnings growth over the next few years.
January 06, 2017
RHB strategy for 2017
Why consumer staples will remain at the forefront of attention in 2017
SINGAPORE (Jan 4): In the opinion of RHB analyst Juliana Cai, consumer discretionary spending in Singapore is likely to continue being weighed down by persistent concerns over job security and stagnant wages – bringing consumer staples to the forefront
January 04, 2017
RHB strategy for 2017
Singapore’s land transport sector is revving up for a smooth ride
SINGAPORE (Jan 3): RHB has given Singapore’s land transport sector an “overweight” rating amid regulatory tailwinds and improved growth prospects.
January 03, 2017