Will Cyber Security Solutions Be Big Business For Singapore Telecommunications Limited In The Years Ahead?

15 Jun 2016 - The Motley Fool Singapore
Civil servants in Singapore were probably surprised to find out last week that many of them will not be allowed to access the Internet from their work computers come May 2017. The Infocomm Development Authority (IDA) of Singapore had made the decision and it has gotten the backing of Prime Minister Lee ...
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Will flagging passenger yields sink SATS' growth in 2016?

15 Jun 2016 - Singapore Business Review
It's banking on passenger throughput, aircraft traffic. Despite the expected drop in passenger yields this year, analysts see steady growth is on the horizon for SATS Limited’s (SATS) thanks to robust visitor arrivals to Singapore and strong traffic at Changi Airport for the period January to April 2016. ...
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Hyflux secures funding for US$185m water project in Oman

15 Jun 2016 - Singapore Business Review
It will process 200,000 cbm of water per day when finished. The utilities company’s arm, Qurayyat Desalination, has achieved financing for its Qurayyat Independent Water Project (IWP) in Oman. According to a press release by Hyflux, the US$185 million facility is provided by Mizuho Bank, Ltd., Standard ...
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Archer Daniels Midland hikes stake in Wilmar with $428.8m share purchase

15 Jun 2016 - Singapore Business Review
The shares were sold by Wilmar's co-founder. Food processing conglomerate Archer Daniels Midland has acquired 127 million ordinary shares in Wilmar International for $428.8 million. The shares were sold by Bolney Enterprises, a subsidiary of Golden Parklane Limited (GPL). Wilmar's co-founder Martus Sitorus ...
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Frasers Hospitality acquires Dresden hotel for $96.5m

15 Jun 2016 - Singapore Business Review
It’s a freehold 328-key, heritage-listed property. The hospitality firm deepens its footprint in Germany as it acquires Maritim Hotel Dresden, its first hospitality asset in the European country. According to a press release by Frasers Hospitality real estate investment trust (FH-REIT), the property ...
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Daily Markets Briefing: STI down 0.6%

15 Jun 2016 - Singapore Business Review
Brace for a pullback today. According to OCBC, continued weakness on Wall Street overnight ahead of the Brexit vote next week is also likely to weigh further on local sentiment; and we could see the STI adding further to its 0.6% loss yesterday, as well as its 4-day losing streak. Here’s more from OCBC: ...
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Singapore’s Office REITs: Here’re the Best Performers

15 Jun 2016 - The Motley Fool Singapore
The Singapore stock market boasts of 30 real estate investment trusts (REITs). The REITs can be organised by industry. Office REITs, as defined by the Global Industry Classification Standard (GICS), is one sector which makes up Singapore’s REIT universe. A recent report, which covers 27 REITs, provided ...
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6 Key Telecommunications Industry Trends StarHub Ltd Wants You To Know

15 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, contained a section titled Industry Trends. StarHub shared six major trends in it that could become the company’s future challenges ...
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Daily Briefing: Private home prices dip 3% in Q1; Local property prices to take a cue from car loans

15 Jun 2016 - Singapore Business Review
And foreign buyers nab more Singapore homes in Q1. Prices of non-landed private homes in Singapore fell by 3.1 percent in the first three months of 2016 compared to Q1 2015, revealed Knight Frank’s latest Global House Price Index. Read more here. Singapore's beaten down home prices may find hopes of ...

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NOL appoints new CEO, CFO amid takeover by France's CMA CGM

14 Jun 2016 - Channel NewsAsia
SINGAPORE: Amid a successful takeover offer by France's CMA CGM, Singapore shipping container firm Neptune Orient Lines (NOL) announced a new chief executive officer (CEO) and chief financial officer (CFO) on Tuesday (Jun 14). New CEO Nicolas Sartini takes over from Ng Yat Chung, who has been group ...
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