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Singapore Budget 2018: Winners and losers

2018-02-19 themalaymailonline
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)

Malaysia’s top 40 richest people

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)

Fitch says ending Genting Singapore coverage

2018-02-02 themalaymailonline
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)

Genting getslucky again

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)

Fitch sees Genting reaping higher earnings from leisure and plantation sectors

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)

SE Asia stocks rise on bargain hunting as US-Korea tensions ease

2017-08-14 themalaymailonline
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.

International Moat Index: France Impacted Its Performance

2017-05-31 marketrealist
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.

Maybank IB: Plenty of catalysts for Genting

Sky Plaza contribution: The SkyWay cable car at Genting resort. The Sky Plaza is expected to contribute from quarter two in FY2017.

Edward Farrell Appointed President Of Resorts World Las Vegas

2017-05-17 prnewswire
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

Asean stocks mostly down as Singapore hits fresh 21-month high

2017-05-15 themalaymailonline
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.

Asia gain despite protectionism concerns, North Korean missile launch, cyberattacks

2017-05-15 moneycontrol
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.

New indexes tracking SGX consumer goods and services companies to be launched on March 20

2017-03-06 theedgemarkets
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.

Genting Singapore upgraded by CIMB on re-rating hopes

2017-02-24 theedgemarkets
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.

SE Asia stocks lower as Trump’s protectionist tirade weighs

2017-02-24 themalaymailonline
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.