Bottoms up: Here’s why ThaiBev is sticking with its beer segment for the long term

16 Jun 2016 - Singapore Business Review
Its market share for beer has increased by 10%. The beverage firm has had great success with its non-alcoholic beverage (NAB) segment, but its definitely won’t be moving away from its evergreen beer segment. According to a report by OCBC research, volume and net profit has improved significantly, a testament ...
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Singapore’s Hotel & Resort REITs: Here’re the Best Performers

16 Jun 2016 - The Motley Fool Singapore
The Singapore stock market boasts of 30 real estate investment trusts (REITs). Singapore’s REITs can be organised by industry. Hotel & Resort REITs, as defined by the Global Industry Classification Standard (GICS), is one which makes up part of Singapore’s REIT universe. A recent report, which covers ...
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3 Key Insights From StarHub Ltd’s Management Team From Its Latest Annual Report

16 Jun 2016 - The Motley Fool Singapore
Telecommunications outfit StarHub Ltd (SGX: CC3) had released its latest annual report a few months ago. The report, which is is a great place to learn more about the telco, included a section with comments made by members of StarHub’s senior management team. Here’re three key insights that I picked ...
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SG Dealbook: GS Holdings placement to raise $2.28m,Hyflux secures financing for Oman water project

15 Jun 2016 - DealStreetAsia
GS Holdings Limited enters a placement agreement to raise $2.3 million to fund expansion of its dishware washing operations while water treatment specialist Hyflux achieves financial close to financing its Oman water project. GS Holdings will sell 8 million new shares of at 28.5 cents to private investor ...
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Singapore named best seaport in Asia for 28th time

15 Jun 2016 - Channel NewsAsia
SINGAPORE: The Port of Singapore is the “Best Seaport in Asia” at the 2016 Asian Freight, Logistics and Supply Chain Awards (AFLAS) for the 28th time on Tuesday (Jun 14). AFLAS, held in Shanghai, China, is organised by freight and logistics publication Asia Cargo News. Organisations are honoured for ...

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Katong Shopping Centre put up for collective sale for a third time

15 Jun 2016 - Channel NewsAsia
SINGAPORE: Katong Shopping Centre has been put up for collective sale for the third time. The reserve price is set at S$630 million. This translates to a land price of S$2,248 per square foot per plot ratio. The mall, which contains 425 units, sits on a freehold plot of nearly 87,000 square feet. Situated ...

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Retail sales up 3.8% in April as car deals surge

15 Jun 2016 - Singapore Business Review
But most other sectors saw a drop in sales. Retail sales in Singapore rose 3.8% on a year-on-year basis, driven by a 43% surge in motor vehicle sales, according to latest statistics from the Ministry of Trade and Industry. However, most other sales indicators dropped during the month, particularly spending ...

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What Is The Market Panicky About?

15 Jun 2016 - The Motley Fool Singapore
Many stock markets around the world have not been doing well this week. For instance, the Straits Times Index (SGX: ^STI) in Singapore has fallen around 2% this week while in Hong Kong, the Hang Seng Index has slipped by 3.5% or so. It’s not always clear what is affecting the markets at any given moment, ...
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New home sales surged 41.6% to 1,056 units in May

15 Jun 2016 - Singapore Business Review
Gem Residences was the top seller. Developers sold a total of 1,056 private homes in May, a steep jump compared to 748 units in April. Meanwhile, the number of Executive Condominiums (ECs) sold dropped to 332, compared to 547 units in the previous month. The best-selling project in May was GEM Residences ...

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The Three Numbers That Deoxygenate IOI Corp. Berhad

15 Jun 2016 - The Motley Fool Singapore
It began life in 1969 as an industrial gas manufacturer called Industrial Oxygen Incorporated. But after venturing into property development and oil palm plantation in the 80s and 90s respectively, it changed its name to IOI Corporation Berhad (KLSE: 1961.KL; KLSE: IOICORP.). IOI’s fortunes are closely ...
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