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DBS Group appoints Managing Director of EDB as non-executive non-independent director - THE EDGE SINGAPORE

New appointments

DBS Group appoints Managing Director of EDB as non-executive non-independent director

DBS has appointed Chng Kai Fong as a non-executive non-independent director.
WEF Special Annual Meeting to be postponed from May to August - THE EDGE SINGAPORE

Covid-19

WEF Special Annual Meeting to be postponed from May to August

"The Singapore Government understands the challenges faced by the World Economic Forum and has agreed to the reschedule."
STI up 0.71% following better-than-expected FY2020 GDP growth - THE EDGE SINGAPORE

STI watch

STI up 0.71% following better-than-expected FY2020 GDP growth

The Straits Times Index traded 19.96 points higher or 0.71% up, at 2,832.97 as at 12.30pm on Nov 23.

Covid-19

Singapore to push ahead with megaprojects but schedules to pace according to demand

Schedules will change but "we will get them done"

F1 chief says ‘great potential’ in Singapore Grand Prix, wants to extend race

(Sept 14) Formula One sees Singapore as an anchor venue and wants to extend the world’s most popular motorcar-racing series there beyond this year.
Reuters

Singapore economy

Economists raise 2017 Singapore growth forecast: MAS survey

SINGAPORE (June 14): Economists raised their forecasts for Singapore's growth this year, compared to three months ago, as they upgraded their views on manufacturing and bank lending, a central bank survey showed on Wednesday.

Singapore GDP grew by 2.5% in 1Q, says MTI advance estimates

SINGAPORE (April 13): The Singapore economy grew by 2.5% on a year-on-year basis in the first quarter of 2017 according to advanced estimates by the Ministry of Trade and Industry, easing from the 2.9% growth in the previous quarter.
Ezra Holdings

Broker's Calls

Two O&G companies that are poised to benefit from government-backed relief

SINGAPORE (Nov 28): DBS Group Research says Pacific Radiance and Ezra Holdings are two SGX-listed oil and gas players under its coverage that will likely qualify for and benefit the most from government-backed relief for the sector.

In print this week

The going's getting tougher for more STI companies

SINGAPORE (Oct 21): The global economic weakness has already hit many of the large and diversified companies that make up the Straits Times Index.

Singapore to issue MAS policy statement, 3Q GDP data on Oct 14

SINGAPORE (Oct 7): Singapore will issue the central bank's semiannual monetary policy statement and data on third-quarter gross domestic product on Oct 14, authorities said on Friday.
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