infrastructure

Infrastructure

Highway to growth

Infrastructure is the key to economic growth in Asia. Singapore, with its track record, wants to lead the way as a financing and facilitating hub for the sector.

Sustainability

Asia needs to tap on private sector for infrastructure funding

SINGAPORE (Aug 18): Governments in Asia need to turn to private sector investments to help fill the gap of “unsustainable” government expenditure on infrastructure, says Indranee Rajah, Minister in the Prime Minister’s Office.

Broker's Calls

Yongnam on track for a potential turnaround in FY20, says CGS-CIMB

SINGAPORE (May 23): CGS-CIMB Research is maintaining its “add” call on Yongnam Holdings with an unchanged target price of 33 cents, which is pegged to 0.7 times FY19F P/BV based on a 20% discount to the long-term average of 0.9 times.

Global Economy

Infrastructure driving Asian growth again

SINGAPORE (May 13): The bad news on the global front does not seem to subside. US President Donald Trump’s renewed threats to impose additional tariffs on Chinese exports have aroused another bout of fear of a trade war. There have also been growing con

In print this week

Jewel: Just one facet of growth

Changi Airport’s crowning asset has drawn admiring crowds and fawning reviews. But its shininess belies the deeper challenges Singapore faces in remaining relevant as a regional hub for business and tourism.

Contracts

Ntegrator announces $59 mil contract win from regional service provider in Singapore

SINGAPORE (April 2): Ntegrator says it has secured a $58.6 million contract from a repeat customer whom the company only refers to as a "Singapore-based regional service provider.

Disruption and Digitalisation

Ascendas-Singbridge properties to house public EV charging network with help from SP Group

SINGAPORE (Jan 21): Ascendas-Singbridge Group is appointed as Singapore Power (SP) Group’s first major location partner in its plans to build “Singapore’s largest and fasted public EV charging network” with 1,000 charging points island-wide by 202

Broker's Calls

CSE kept at 'buy' by UOB, RHB on stronger outlook with 4Q contract wins

SINGAPORE (Jan 16): UOB Kay Hian and RHB Research are reiterating their “buy” calls on CSE Global after the group announced it secured $84.8 million worth of infrastructure projects in 4Q18.
Ascendas-Singbridge acquires 12.2-acre Chennai site for development of new IT park

Property

Ascendas-Singbridge acquires 12.2-acre Chennai site for development of new IT park

SINGAPORE (Jan 3): Ascendas-Singbridge Group has acquired a 12.2-acre site in Chennai for an undisclosed sum from GSquare Group, making it Ascendas-Singbridge’s sixth property in the city.
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