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Singapore Telecommunications (Singtel)
E-payment
Singtel debuts VIA mobile payment alliance in Japan
SINGAPORE (July 25): Singtel’s cross-border mobile payment alliance VIA has launched in Japan, just ahead of the Olympics to be held in Tokyo next year.
July 25, 2019
Right Timing
STI retests April high; breakout difficult
SINGAPORE (July 19): The Straits Times Index is at its highest level since it peaked on Apr 4 at 3,407. Quarterly momentum has strengthened at its equilibrium line, and appears poised for an upturn. Short term indicators are falling. Short term stochastic
July 19, 2019
Right Timing
Short term likely to be sideways as STI takes breather
SINGAPORE (July 13): The Straits Times Index rose to a high of 3,372 on July 4 before consolidating. It appears that the Apr 29 high of 3,407, which was also the high for the year is acting as a resistance level. Important highs and lows usually represent
July 13, 2019
Markets
No incentive for US to deal with China; Singapore technical recession imminent
SINGAPORE (July 1): US President Donald Trump and Chinese President Xi Jinping’s impending Osaka G20 meeting is one to watch, but market commentators are not expecting any significant breakthrough. At the very least, they would be happy that talks betwe
June 28, 2019
Smart cities
Singapore tests 5G applications with a starting fund of $40 million
SINGAPORE (June 27): Singapore wants to test out its 5G potential with a starting budget of $40 million that will be distributed over a year, with telco operators Singapore Telecommunications (Singtel) and M1 among the first appointed to run pilots on the
June 27, 2019
Company in the news
Singtel slashes FY19 pay for top management, including CEO Chua Sock Koong
SINGAPORE (June 26): Chua Sock Koong, the long-time CEO of Singapore Telecommunications (Singtel), is feeling the heat amid intensifying competition in the telco sector.
June 26, 2019
Company in the news
Telco shares dip as TPG offers free unlimited data roaming in Malaysia, Indonesia
SINGAPORE (June 26): TPG Telecom has fired another salvo in a bid to pry users away from incumbent telcos Singapore Telecommunications (SingTel), StarHub and M1.
June 26, 2019
Broker's Calls
Singtel kept at 'buy' by Phillip as regional associates see recovery
SINGAPORE (June 17): Phillip Capital continues to rate Singtel a “buy” with an unchanged target price of $3.66, while keeping the stock as its top pick in the telecommunication sector.
June 17, 2019
Right Timing
Right timing: Upside for immediate rebound at 3,264
STI with moving averages and momentum
(June 14): Short term stochastics is rising and has the potential to move up further, indicating another four to five sessions of rally.
June 14, 2019
Broker's Calls
SingTel kept at 'add' by CGS-CIMB amid signs of EPS turnaround
SINGAPORE (June 14): CGS-CIMB Research believes Singapore Telecommunications (SingTel) could have seen a bottoming of its earnings per share (EPS) decline, after falling 21.4% in FY19.
June 14, 2019