MRT

Gloomy prospects for Singapore's 3Q2020 GDP, despite improvements in manufacturing activity and retail sales: CGS-CIMB - THE EDGE SINGAPORE

Singapore economy

Gloomy prospects for Singapore's 3Q2020 GDP, despite improvements in manufacturing activity and retail sales: CGS-CIMB

Singapore’s GDP is slated to contract between 4.5% and 5.5% year-on-year in 3Q2020, CGS-CIMB economists predict.

Broker's Calls

RHB reiterates ST Engineering recommendation despite Covid downside risks

Strong growth in 2021 has yet to be priced in and dividend yields are likely to remain consistent despite an earnings downgrade.

Broker's Calls

Cuts expected to leave Comfortdelgro unscathed

SINGAPORE (Oct 31): OCBC research is maintaining a “buy” call on ComfortDelgro with a fair value of $3.09 despite news of an impending fare cut.

Lum Chang wins $325 mil LTA contract for Tanah Merah MRT station

SINGAPORE (Oct 26): Lum Chang’s subsidiary, Lum Chang Building Contractors, has secured a $325 million contract for addition and alteration works to Tanah Merah Station by the Land Transport Authority of Singapore.
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