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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.
October 25, 2019
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.
August 19, 2019
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.
May 23, 2019
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
May 13, 2019
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.
April 22, 2019
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.
April 02, 2019
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
January 21, 2019
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.
January 16, 2019
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.
January 03, 2019