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Singapore Budget 2018 aims to financially equip the city state for financial pressures that will come with a rapidly aging population. — Reuters file pic SINGAPORE, Feb 19 — A range of tax increases, including a 2 percentage point increase to 9 per cent in the goods and services levy, were unveiled by Singapore Finance Minister Heng Swee Keat in his budget speech to Parliament as among measures to financially equip the city state for financial pressures that will come with a rapidly aging population. (15-0)
LAST year was dotted by the return of higher commodity prices and better economic growth. The world’s economies on average are back in business as growth rates and trade have started to improve once again after some period of uncertainty caused by a cooling China economy and also the slump in global crude oil prices. (145-1)
Chinese tourists arrive at the lobby of Genting Singapore's Resorts World Sentosa casino in Singapore in this April 29, 2013 file photo. — Reuters picKUALA LUMPUR, Feb 2 — Fitch Ratings said it will no longer rate Genting Singapore PLC staring in March over unstated “commercial reasons.” (1-0)
The diversified conglomerate, whose business covers casinos; leisure and entertainment; plantation; power; as well as oil and gas, is seeing improving prospects across most of its divisions, especially gaming, thanks to increasingly positive market conditions. (11-0)
n its rating announcement yesterday Fitch pointed out Resorts World Genting has opened several new facilities as part of its 10-year RM10bil redevelopment masterplan launched in 2013. (1-0)
An electronic board shows the Korea Composite Stock Price Index (KOSPI) at a bank in Seoul June 27, 2013. — Reuters picSINGAPORE, Aug 14 — South-east Asian stock markets closed higher today as investors picked up beaten down shares, looking past tensions between the United States and North Korea.
French aerospace firm Safran SA (SAF FP, +10.52%) edged out London Stock Exchange Group Plc (LSE LN, +10.38%) as the top International Moat Index performer in April. SAF FP also saw its fair value estimate increased by Morningstar analysts at the end of the month. The top sector performers for the month came from real estate and industrials firms. Several Hong Kong property firms helped boost the real estate sector including Swire Properties Ltd.
Sky Plaza contribution: The SkyWay cable car at Genting resort. The Sky Plaza is expected to contribute from quarter two in FY2017.
Gaming Industry Veteran to Develop and Operate Las Vegas' First Ground-Up Resort in Nearly a Decade Multibillion-Dollar Integrated Resort Slated to Open in 2020 with Full Construction Commencing in Q3 2017
Singapore added as much as 0.6 per cent to hit its highest since July 2015. — Reuters picSINGAPORE, May 15 — Most Southeast Asian stocks slipped today as risk appetite took a hit from threats posed by a global cyber attack and a missile test by North Korea, although Singapore defied the trend to scale a fresh 21-month peak.
Asian markets were mostly in the money on Monday despite concerns over trade protectionism during the G7 meeting in Italy and North Korea's latest missile launch at the weekend.
SINGAPORE (March 6): Two new indexes tracking firms operating in the consumer goods and services segments listed on the Singapore Exchange has been launched by FTSE Russell, the global index and data provider, in conjunction with the Singapore Exchange and Singapore Press Holdings.
SINGAPORE (Feb 24): CIMB is upgrading Genting Singapore to “add” with a target price of S$1.11, as it expects the stock to undergo a re-rating soon.
Singapore shares fell 0.7 per cent as investors booked profit ahead of the release of last month's manufacturing data. — Reuters picSINGAPORE, Feb 24 ― Southeast Asian stock markets were weaker today in the absence concrete economic drivers, with investors across broader Asia wary after US President Donald Trump again accused China of currency manipulation.