retail

Broker's Calls

Out with the old, in with the new for Sheng Siong

SINGAPORE (May 4): OCBC Investment Research is reiterating its “buy” recommendation on Sheng Siong Group (SSG) with a fair value estimate of $1.15, after the supermarket chain operator’s recent set of 1Q17 results came in line with the research hous

Why weak 1Q economic data does not forebode a declining US economy

SINGAPORE (April 27): Even with the improvement of US household and business confidence, as indicated by the rebound in consumption-related soft data since the US presidential elections, ABN AMRO Group Economics is mindful that hard data has yet to catch

Broker's Calls

Frasers Centrepoint Trust to strengthen foothold after reclaiming its rule in the North

SINGAPORE (April 26): DBS Vickers Securities continues to rate Frasers Centrepoint Trust (FCT) at “buy” with an unchanged target price of $2.20, commending the retail REIT’s stable 2Q DPU of 3.04 cents despite the lack of contributions over the quar

Results

Frasers Centrepoint Trust reports flat 2Q DPU of 3.04 cents

SINGAPORE (April 25): The manager of Frasers Centrepoint Trust (FCT) has declared a 2Q17 distribution per unit (DPU) of 3.04 cents, unchanged from a year ago.

Results

CapitaLand Mall Trust 1Q DPU comes in flat at 2.73 cents

SINGAPORE (April 20): The manager of CapitaLand Mall Trust has announced a distribution per unit (DPU) of 2.73 cents for the first quarter ended March 31, unchanged from a year ago.
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Why Singaporeans are more likely to ‘shop local’ in a cosmopolitan retail environment

SINGAPORE (April 11): More Singaporeans are preferring to “shop local” as they tend to feel more valued by home-grown brands as compared to their international counterparts, according to recent data from International Customer Loyalty Programmes Limi
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Tech

Philips Lighting launches chatbot service on Facebook

SINGAPORE (April 5): Philips Lighting has announced the launch of a new chatbot service on its Singapore Facebook page, which allows users to purchase the group’s consumer products conversationally through the Facebook messenger platform.

Construction firms prove the poorest paymasters in 1Q17

SINGAPORE (April 4): Singapore’s firms turned in a mixed payment performance for the first quarter of 2017, with improvements seen in manufacturing and retail sectors while the construction industry’s payment performance continues to decline, accordin

Singapore’s property market to benefit from population & economic growth ahead

SINGAPORE (April 3): Singapore’s property market is expected to benefit from a number of government policy changes that have recently begun to take effect, according to recent research data published by JLL.

CapitaLand Mall Asia to manage mall at upcoming SingPost Centre

SINGAPORE (March 28): CapitaLand Mall Asia will manage the upcoming mall at the new SingPost Centre, which is targeted to open in 2H17.
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