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electronics
Singapore economy
MTI foresees slower 2H for Singapore's economy; maintains 2018 GDP growth forecast at 2.5-3.5%
SINGAPORE (Aug 13): The Ministry of Trade and Industry (MTI) expects Singapore’s economic pace of expansion to moderate in 2H18 against an external backdrop of a weakening global growth outlook, as well as increased uncertainties and risks in the global
August 13, 2018
Singapore economy
Local manufacturing firms increasingly optimistic amid ongoing trade war: EDB survey
SINGAPORE (July 31): Positive business sentiment is on the uptrend among Singapore's manufacturers even with the ongoing US-China trade war, according to the Economic Development Board’s (EDB) Survey of Business Expectations of the Manufacturing Se
July 31, 2018
Singapore economy
Singapore's industrial production beats forecasts, but watch out for rising trade tensions
SINGAPORE (June 27): CGS-CIMB Securities says the Monetary Authority of Singapore (MAS) could take a cautious stance amid rising trade tensions between US and China.
June 27, 2018
Results
Accrelist swings back to profitability in FY18 after change in accounting treatment
SINGAPORE (May 30): Accrelist, the provider of corporate accretion services, swung back to profitability with earnings of $0.2 million in FY18 from $8.3 million in losses the previous year.
May 30, 2018
Tech
This meteoric tech stock has come crashing back to earth
SINGAPORE (May 9): After a spectacular rise for two years, Singapore’s biggest technology company is suddenly returning to earth.
May 09, 2018
Results
Courts Asia posts 28.7% decline in 3Q earnings of $3.5 mil on lower profit margin
SINGAPORE (Feb 13): Courts Asia, the electrical, furnishing and consumer electronics retailer, announced earnings of $3.5 million for the third quarter of FY17, down 28.7% from its net profit of $4.9 million a year ago on lower gross profit margin and hig
February 13, 2018
Broker's Calls
This semiconductor play is now 'very attractive' compared to peers
SINGAPORE (Jan 30): RHB is maintaining its “buy” call on Avi-Tech Electronics with a target price of 59 cents, which implies 12 times FY18 earnings and 4.6% dividend yield.
January 30, 2018
ST Electronics records $742 mil worth of contract wins in 4Q
SINGAPORE (Jan 18): ST Electronics has clinched about $742 million worth of contracts over 4Q17, bringing the total value of new orders secured in 2017 by its parent company, ST Engineering, to $2.24 billion.
January 19, 2018
Broker's Calls
ST Engineering kept at 'hold' as marine sector continues to drag on prospects
SINGAPORE (Nov 10): OCBC Investment Research is maintaining its “hold” call on Singapore Technologies Engineering with a fair value estimate of $3.41 following the group’s latest announcement of its 3Q17 financial results.
November 10, 2017
Broker's Calls
Strong 3Q puts Hi-P International in a sweet spot for now: DBS
SINGAPORE (Nov 8): DBS Vickers Securities is reiterating its “buy” call on Hi-P International with a higher target price of $2.30 from $1.67 previously after applying a 10% premium to peers’ P/E of 14 times on FY18F earnings projections.
November 08, 2017