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Covid-19 cases
Tong's Portfolio
Better to do more tests and have inevitable higher ‘reported’ cases in near term
We will also argue in the rest of this article that more testing is critical to turn this pandemic into an endemic.
July 16, 2021
Global Economy
WEF cancels meeting to be held at Singapore this August amid growing Covid-19 infections
The health and safety of everyone concerned is the highest priority, says WEF's chairman Klaus Schwab.
May 17, 2021
Results
Genting Singapore posts 26% drop in 1Q21 net profit on continued Covid-19 impact
Net profit after tax amounted to $34.5 mil for 1QFY21.
May 07, 2021
Broker's Calls
'Buy' CAO on compelling valuation, near-term surge in China’s domestic travel: RHB
Since early March, domestic flights in China have surpassed levels in both 2020 and 2019, notes RHB analyst Shekhar Jaiswal.
April 30, 2021
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."
February 03, 2021
Results
Frasers Hospitality Trust records lower RevPAR across all portfolios in 1Q21 business update, says it remains 'confident' in long-term fundamentals of the market
FHT as at Dec 31, 2020, has 15 properties in nine cities and an appraised portfolio value of $2.25 billion.
January 28, 2021
Broker's Calls
Divestment of mall 'positive surprise' for CapitaLand Retail China Trust, says DBS
The analysts have maintained their "buy" call on the REIT with the same target price of $1.70.
January 13, 2021
Broker's Calls
DBS downgrades SIA to 'fully valued' amid slower recovery
The analysts believe that international air travel could start to recover more meaningfully only from 2H2021.
December 15, 2020
Results
China Sunsine says its performance for 2H would outperform its 1H results in 3Q business update
Sales revenue for the quarter came in at around RMB600 million while sales volume reached a “record high” of 46,000 tons.
November 16, 2020