industry outlook

Tourism

Industry outlook positive, but competition is increasing

SINGAPORE (Dec 20): Good news for Singapore’s tourism sector — visitor numbers rose in 2019. According to statistics released by the Singapore Tourism Board (STB) on Oct 30, there were 9.3 million visitors in the first half of the year. This represent

M&A

M&A deals in Singapore are on a roll: DBS

SINGAPORE (Dec 16): This year, a total of 19 listed companies are undergoing privatisation, being merged or acquired, more than eight last year and 14 in 2017. As it is, close to $20 billion worth of mergers and acquisition (M&A) deals involving the four

Broker's Calls

There are still gains to be made after the downgrade of this industrial REIT

SINGAPORE (June 20): OCBC has downgraded Ascendas REIT to “hold” from “buy” with an unchanged fair value estimate of $2.66 given valuations are no longer valuable at this juncture.
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