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ICT segment may hold more promise in 2019 for telcos' profits: analyst

10 Dec 2018 - Singapore Business Review
Singtel is projected to trade at a yield of 5.7% versus StarHub’s 6.6% amidst TPG’s entry. The enterprise segment may hold more promise for telcos going into 2019 with StarHub and M1 gaining traction of the back of growing demand for managed services and information and communications technology (ICT) ...
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Negative news sends Top Glove stock down almost 6%

10 Dec 2018 - The Star Online
KUALA LUMPUR: Shares of Top Glove Corp Bhd took a beating in early trade Monday following news that it was accused of forced labour. The world’s biggest glove-maker fell 5.93%, or 33 sen to RM5.57 with over 1.2 million shares done. According to reports, Britain is launching an investigation into medical ...
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Keppel DC Singapore 5 could deliver an initial 7.8% yield in H2 2019

10 Dec 2018 - Singapore Business Review
KDC SGP 5’s occupancy rate improved to 84.2% in Q3 versus 73.9% in Q2. Keppel DC REIT is forecasted to see high income visibility going into FY2019/20 thanks to its acquistions amidst a volatile market climate given limited expiries over the coming two financial years, according to a report by DBS Equity ...

$78,000 lost to bitcoin scammers: Police

7 Dec 2018 - Singapore Business Review
Such schemes operate outside Singapore, making it harder for people to pursue claims against operators. A total sum of about $78,000 was lost from September to November to scammers that lured their victims through online articles that used false information about Bitcoin, the Singapore Police Force (SPF) ...

Chart of the Day: See the best performing office REITs in H2

7 Dec 2018 - Singapore Business Review
Keppel REIT tops the list with returns of 9% in H2 YTD. This chart from the Singapore Exchange (SGX) shows that Keppel REIT is the best-performing office REIT in the second half of 2018 YTD with returns of 9%. It is closely followed by CapitaLand Commercial Trust (6.5%), and Suntec REIT (5.7%). Together, ...

Daily Briefing: COE prices for smaller cars plunged to nine year low at $23,568; Grab partners with Philippines' biggest company to expand GrabPay

6 Dec 2018 - Singapore Business Review
And solar energy startup SolarHome bags US$10m from crowdfunding platforms. From Channel News Asia: Certificate of entitlement (COE) premiums closed mostly lower in the latest bidding exercise, with prices for smaller cars plunging to a nine year low. For Category A cars, or those 1,600cc and below with ...

Will SATS' food volume bear the brunt of SIA's reshuffling scheme?

4 Dec 2018 - Singapore Business Review
They could look into providing optional meals for Scoot passengers. Despite Singapore Airlines’ (SIA) route reshuffling of 17 Silk Air destinations which will be transferred to its budget arm Scoot, SATS’ food volume will not be on the losing end, UOB Kay Hian (UOB KH) said. “The transfer of routes to ...
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Hospitality sector could get a RevPar boost by 2019

3 Dec 2018 - Singapore Business Review
A muted supply increase in hotel rooms combined with the rise of demand from the leisure segment could work well for hotels' RevPAR. Singapore’s hospitality sector could brace for an uplift through a growth in revenue per available room (RevPAR) starting Q4 which will spill over to 2019, OCBC Investment ...

Chart of the Day: Property curbs hit Chinese and Indian condo purchases in Q3

3 Dec 2018 - Singapore Business Review
Home buys by Indian nationals nearly halved to 61 units. This chart from Edmund Tie & Company (ETCo) shows that the cooling measures in July has mostly taken its toll on Indian purchasers amongst the four major foreign nationalities that buy condo units in Singapore. According to data from the Urban ...

GentingM, Genting see RM4.89b erased from market cap over US$1b suit

27 Nov 2018 - The Star Online
KUALA LUMPUR: Genting Malaysia Bhd and Genting Bhd saw a combined RM4.89bil erased from their market capitalisation at midday on Tuesday following the fallout from its US$1bil suit against Walt Disney Co and Twenty-First Century Fox Inc over the cancellation of the first Fox-branded theme park At midday, ...
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