Singtel

What will Singaporeans spend with their one-off $600 Solidarity payout?

In light of the circuit breaker, Lim has identified some “clear cut” names that will remain resilient. These include Sheng Siong Group, Venture Corp and Singtel.

Telcos, with their critical function of providing communications and Internet access, are seen as somewhat more resilient. In fact, they may even benefit from stronger demand.

The mobile operator’s revenue will track the economic slowdown, but recovery will be V-shaped, like the one after the SARS epidemic in 2003

On Jan 8, when investors were spooked by the assassination of an Iranian general by the US, most Singapore stocks turned red. Among the key heavyweight counters, ST Engineering was the standout, closing higher that day instead.

On Jan 7, the Monetary Authority of Singapore (MAS) announced that it had received seven applications for the two digital full bank (DFB) licences on offer, and 14 applications for the three digital wholesale bank (DWB) licences.

SINGAPORE (Dec 31): The large number of Singaporeans still without good access to financial services will be key to creating a successful digital bank in the country, according to executives from Grab Holdings Inc. and Singapore Telecommunications Ltd.

SINGAPORE (Dec 20): The telco sector has seen quite a shake-up this year as new entrant TPG Telecom starts to spin up its 4G network, while incumbent M1 was successfully taken private.

SINGAPORE (Dec 2): "Democracy is alive and well" — Ronny Tong, pro-Beijing member of Hong Kong’s Executive Council, following the landslide victory of pro-democracy candidates at the recent local elections