Thailand

Broker's Calls

Why Duty Free International investors have reason to keep smiling

SINGAPORE (Jan 16): CIMB continues to rate Duty Free International (DFI), the duty free retailing group in Malaysia, at “add” with a lower target price of 55 cents from 61 cents previously.

Silverlake Axis wins 2 contracts in Thailand; subsidiary establishes office in Hong Kong

SINGAPORE (Jan 11): Silverlake Axis on Wednesday announced it has secured contracts from two financial institutions in Thailand.

Singapore overtaken by Hong Kong in IMD World Talent Ranking

SINGAPORE (Nov 29): Singapore has fallen out of its position among the top 10 in the IMD World Talent Ranking 2016. The city state fell five places to 15th place while Hong Kong rose two places to take Singapore’s previous rank at 10th position.

Sino Grandness secures marketing rights for longan essence health supplement

SINGAPORE (Oct 26): Sino Grandness Food Industry Group said on Wednesday that it has secured the exclusive marketing rights for a longan essence health supplement for mainland China and Hong Kong.

Singapore tops list of preferred business expansion destination by Asian enterprises: UOB survey

SINGAPORE (Oct 19): A third of Asian enterprises have singled out Singapore as their go-to market for business expansion over the next 3-5 years – in particular Indonesian, Malaysian, Thai and Hong Kong companies.

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
ThaiBev Chang Beer

Broker's Calls

ThaiBev earnings could stumble as Thailand mourns passing of King Bhumibol

SINGAPORE (Oct 18): DBS Group Research says Thai Beverage Public Company could see earnings fall some 5.8% in FY17 as Thailand declares a year-long mourning period following the passing of King Bhumibol Adulyadej.

Broker's Calls

FCL says ‘sawadeeka’ to Thailand for second time

SINGAPORE (Oct 11): Frasers Centrepoint’s plan to acquire a stake in TICON, a Thai developer and owner of industrial properties, is seen as a positive by CIMB lead analyst Lock Mun Yee in a Monday note.

Frasers Centrepoint to invest $520 mil in Thai developer TICON

SINGAPORE (Oct 10): Property company Frasers Centrepoint Limited (FCL) says its subsidiary, Frasers Property Holdings (Thailand) (FPHT), on Friday signed an agreement to subscribe for up to 735 million new shares of TICON Industrial Connection Public Comp
Singapore is world’s second most competitive economy in 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.
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