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Phase 3
Results
Vicom reports 16.0% lower earnings of $6.2 mil for 1Q21
Revenue in the same period fell 4.9% y-o-y and 1.4% q-o-q to $24.1 million.
May 10, 2021
Results
CICT posts 67% y-o-y jump in NPI to $247 mil for 1Q21
The higher NPI follows contribution from office assets pursuant to the merger between CMT and CCT.
April 26, 2021
Broker's Calls
Selected REITs set to outperform as Singapore enters Phase 3: OCBC
OCBC says the REITs – in what the brokerage terms as the “Recovery S-REITs basket” – will be able to outperform in the near term.
December 17, 2020
Covid-19
Multi Ministry Taskforce releases details of Phase 3 reopening, higher capacity for religious organisations, malls and shops
Places of worship, malls and shops will be able to accommodate more people under Phase 3.
December 14, 2020
Covid-19
Singapore sets up vaccine expert committee, may not have only one vaccine
An expert committee has been set up by MOH to advise and assess the efficacy and safety of Covid-19 vaccines.
November 10, 2020
Singapore economy
Singapore's factory output grows for fourth consecutive month in October
Economists expect the growth momentum in manufacturing and electronics to continue in the coming months.
November 03, 2020
Singapore economy
DBS Group Research ups Singapore's FY2020 growth forecast, says recovery 'underway' but remains uneven
Seah expects an upward revision of headline GDP growth for 3Q2020 to -5.4% y-o-y in 3Q2020 from the 13.3% contraction in 2Q2020.
October 28, 2020
Broker's Calls
Covid-19 containment sees Sing dollar strengthen against beleaguered greenback
Investors should note that a more liberal reopening could increase community infections, increasing risks of a renewed lockdown.
October 26, 2020
STI watch
STI dips slightly on cautious trading despite Phase 3 announcement
The Straits Times Index (STI) dipped 0.3% to 2,534.96 as at noon of Oct 26, from 2,543.57 last week.
October 26, 2020
Broker's Calls
The worst is over for the F&B foodservice players as hungry consumers are out and about
With Phase 3 underway, DBS Group Research is positive on the consumer downstream
October 26, 2020