sector

Budget 2019

More benefits for local workforce from enterprise initiatives; services to undergo foreign worker quota cuts

SINGAPORE (Feb 18): Starting from April 1 2020, Singapore will require all transformation efforts supported by Enterprise Singapore’s Enterprise Development Grant to include positive outcomes for workers, such as wage increases.  

Broker's Calls

Singapore’s banks are back on track with improved business sentiment

SINGAPORE (Aug 10): UOB Kay Hian is maintaining “overweight” on Singapore’s banking sector with DBS and Oversea-Chinese Banking Corporation (OCBC) as its top “buy” picks with target price estimates of $24.85 and $13.38 respectively.
OUE REIT

Broker's Calls

S-REITs are ‘back in vogue’: RHB

SINGAPORE (July 4): RHB is maintaining its “overweight” call on the Singapore REITs (S-REITs) sector while reiterating its preference for the retail and hospitality sub-sectors.
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