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Broker’s take: Maybank KE downgrades SPH Reit to ‘hold’ after surprise DPU cut

Singapore Business Times (companies-markets): Broker's take: Maybank KE downgrades SPH Reit to 'hold' after surprise DPU cut MAYBANK Kim Eng has downgraded SPH Reit to "hold" from "buy", and lowered its target price to S$0.80 from S$1.15 previously.

By | April 2nd, 2020|business news, News|Comments Off on Broker’s take: Maybank KE downgrades SPH Reit to ‘hold’ after surprise DPU cut

Great Eastern offers customers 6-month grace period, instalment plans for payments

Singapore Business Times (companies-markets): Great Eastern offers customers 6-month grace period, instalment plans for payments GREAT Eastern is offering a six-month grace period for life insurance premium payments, for Singapore customers whose incomes have been affected by the Covid-19 outbreak.

By | April 2nd, 2020|business news, News|Comments Off on Great Eastern offers customers 6-month grace period, instalment plans for payments

Golden Energy unit makes takeover bid for Stanmore Coal that could cost up to A$50.3m 

Singapore Business Times (companies-markets): Golden Energy unit makes takeover bid for Stanmore Coal that could cost up to A$50.3m  A SUBSIDIARY of Singapore-listed mining company Golden Energy and Resources (Gear) has renewed a takeover attempt for Australia-listed Stanmore Coal, in a deal that could cost up to A$50.3 million (S$43.9 million). 

By | April 2nd, 2020|business news, News|Comments Off on Golden Energy unit makes takeover bid for Stanmore Coal that could cost up to A$50.3m 

Heng Kee Kway Chap – Tastiest Braised Pig Trotters I Ever Had!

Miss Tam Chiak: Singapore Food Blog | Best Singapore Food | Singapore Food Reviews Heng Kee Kway Chap – Tastiest Braised Pig Trotters I Ever Had! A Teochew dish, Kway Chap is a popular meal amongst the Chinese. This dish comes in two parts; A bowl of thick sheets of rice noodles (Kway) and a [...]

By | April 1st, 2020|blogs, business news, consumer, food blogs|Comments Off on Heng Kee Kway Chap – Tastiest Braised Pig Trotters I Ever Had!

Chart of the Day: Malaysian buyers snagged fewer condos in emerging districts

Updates from Singapore Business Review: Chart of the Day: Malaysian buyers snagged fewer condos in emerging districts Submitted By:  Staff Reporter Case Study:  No Mainland Chinese homebuyers dominated sales in the region. This chart from EDMUND TIE shows that the share of condos in the city and emerging districts purchased by Malaysian homebuyers fell to [...]

By | April 1st, 2020|business news, News|Comments Off on Chart of the Day: Malaysian buyers snagged fewer condos in emerging districts

64% of Singaporeans believe they will lose more money in 2020

Updates from Singapore Business Review: 64% of Singaporeans believe they will lose more money in 2020 Submitted By:  Staff Reporter Case Study:  No Faith in the government still remains at a high level. 64% of Singaporeans expect they will be financially worse off in 2020 compared to 2019, according to a Blackbox survey. This increased [...]

By | April 1st, 2020|business news, News|Comments Off on 64% of Singaporeans believe they will lose more money in 2020

GDP growth forecast dips to -2.8% amidst COVID-19 pandemic

Updates from Singapore Business Review: GDP growth forecast dips to -2.8% amidst COVID-19 pandemic Submitted By:  Staff Reporter Case Study:  No Three main sectors of the economy fell due to the escalating outbreak in the country. Singapore's 2020 GDP growth forecast is -2.8% or 3.8 percentage points (ppt) lower than the previous estimate of 1%, [...]

By | April 1st, 2020|business news, News|Comments Off on GDP growth forecast dips to -2.8% amidst COVID-19 pandemic

Daily Briefing: Razer sets up mask manufacturing line in Singapore amidst COVID-19 shortage; KKR shelves to sell Goodpack amidst market turmoil

Updates from Singapore Business Review: Daily Briefing: Razer sets up mask manufacturing line in Singapore amidst COVID-19 shortage; KKR shelves to sell Goodpack amidst market turmoil Submitted By:  Staff Reporter Case Study:  No And Manpower minister plans on penalties for firms who are not following the guidelines. From Channel News Asia: Gaming company Razer plans [...]

By | April 1st, 2020|business news, News|Comments Off on Daily Briefing: Razer sets up mask manufacturing line in Singapore amidst COVID-19 shortage; KKR shelves to sell Goodpack amidst market turmoil

Daily Markets Briefing: STI down 1.65%

Updates from Singapore Business Review: Daily Markets Briefing: STI down 1.65% Submitted By:  Staff Reporter Case Study:  No DBS saw the sharpest decline amongst top active stocks with a 2.26% drop. The Straits Times Index ended 40.96 or 1.65% lower at 2,440.27. The top active stocks were DBS, which dropped 2.26%, Singtel, which edged down [...]

By | April 1st, 2020|business news, News|Comments Off on Daily Markets Briefing: STI down 1.65%