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Arm yourself with these 5 Singapore REITs before heading into 2018
SINGAPORE (May 18): DBS Vickers recommends investors to remain “overweight” on the office and industrial Singapore REIT (S-REIT) sectors due to the prospects of an improving Singapore GDP, as well as the expected easing of supply pressures come 2018.
May 18, 2017
Global Markets
Western shoppers are fueling a revival for made-in-Asia goods
HONG KONG / NEW DELHI (May 9): Sanjay Janghala walks across a humming factory floor as 400 employees of Orient Craft Ltd. stitch together women’s blouses and embroidered dresses.
May 09, 2017
Broker's Calls
Out with the old, in with the new for Sheng Siong
SINGAPORE (May 4): OCBC Investment Research is reiterating its “buy” recommendation on Sheng Siong Group (SSG) with a fair value estimate of $1.15, after the supermarket chain operator’s recent set of 1Q17 results came in line with the research hous
May 04, 2017
Why weak 1Q economic data does not forebode a declining US economy
SINGAPORE (April 27): Even with the improvement of US household and business confidence, as indicated by the rebound in consumption-related soft data since the US presidential elections, ABN AMRO Group Economics is mindful that hard data has yet to catch
April 27, 2017
Broker's Calls
Frasers Centrepoint Trust to strengthen foothold after reclaiming its rule in the North
SINGAPORE (April 26): DBS Vickers Securities continues to rate Frasers Centrepoint Trust (FCT) at “buy” with an unchanged target price of $2.20, commending the retail REIT’s stable 2Q DPU of 3.04 cents despite the lack of contributions over the quar
April 26, 2017
Results
Frasers Centrepoint Trust reports flat 2Q DPU of 3.04 cents
SINGAPORE (April 25): The manager of Frasers Centrepoint Trust (FCT) has declared a 2Q17 distribution per unit (DPU) of 3.04 cents, unchanged from a year ago.
April 25, 2017
Results
CapitaLand Mall Trust 1Q DPU comes in flat at 2.73 cents
SINGAPORE (April 20): The manager of CapitaLand Mall Trust has announced a distribution per unit (DPU) of 2.73 cents for the first quarter ended March 31, unchanged from a year ago.
April 20, 2017
Why Singaporeans are more likely to ‘shop local’ in a cosmopolitan retail environment
SINGAPORE (April 11): More Singaporeans are preferring to “shop local” as they tend to feel more valued by home-grown brands as compared to their international counterparts, according to recent data from International Customer Loyalty Programmes Limi
April 11, 2017
Tech
Philips Lighting launches chatbot service on Facebook
SINGAPORE (April 5): Philips Lighting has announced the launch of a new chatbot service on its Singapore Facebook page, which allows users to purchase the group’s consumer products conversationally through the Facebook messenger platform.
April 05, 2017
Construction firms prove the poorest paymasters in 1Q17
SINGAPORE (April 4): Singapore’s firms turned in a mixed payment performance for the first quarter of 2017, with improvements seen in manufacturing and retail sectors while the construction industry’s payment performance continues to decline, accordin
April 04, 2017