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PT&T eyes comeback, seeks foreign partner

Philippine Telegraph and Telephone Corp. (PT&T) wants to regain its status as a major telecommunications force in the Philippines—revealing plans to provide high-speed internet across the country in three years and possibly tap a foreign telco partner as President Duterte calls for more competition in this sector. (37-0)

Singapore Telecommunications' (SGAPY) CEO Chua Sock Koong on Q1 2018 Results - Earnings Call Transcript

2017-08-14 seekingalpha
Singapore Telecommunications Ltd. ADR (OTCPK:SGAPY) Q1 2018 Results Earnings Conference Call August 10, 2017 11:00 PM ET

Globe profit down 10%

Globe Telecom Inc. reported a drop in profit in the first six months of 2017 as earnings were weighed down by expenses related to the acquisition of San Miguel Corp.’s telco unit last year.

Philippines rebounds from two-day fall, others in S-E Asia rangebound

2017-08-02 themalaymailonline
Financial, consumer and property stocks led gains in Philippine shares which climb 1 per cent. — Reuters picMANILA, Aug 2 — Philippine shares rose 1.5 per cent today, recovering from two consecutive sessions of fall, while other South-east Asian markets were rangebound as investors digested the recent slew of economic data.

Asean stocks tepid as investors look for US rate hike hints

2017-07-25 themalaymailonline
Singapore shares rose as much as 0.5 per cent, led by financial and telecom stocks. — Reuters picSINGAPORE, July 25 — South-east Asian stock markets marked time today ahead of a US Federal Reserve meeting later in the day as investors looked for hints on the timing of the Fed's next policy tightening.

Philippines, Indonesia stocks hit more than one-week lows

2017-07-21 themalaymailonline
Indonesian stocks were dragged down by consumer discretionary and financial stocks, falling 0.5 per cent. — Reuters pic SINGAPORE, July 21 — Most South-east Asian stocks fell today, in line with Asian markets, after the European Central Bank and the Bank of Japan kept rates steady and signalled that they were in no hurry to start unwinding their massive stimulus programmes.

Breakfast briefing: Thursday, July 20

MarketWatch: The major US stock indexes closed at record highs on Wednesday helped partly by technology stocks, which surpassed a long-standing mark, despite gains on the Dow being capped by a sharp drop in IBM shares. The DJIA rose 66.02 points, or 0.31%, to 21,640.75, the S&P 500 gained 13.22 points, or 0.54%, to 2,473.83 and the Nasdaq added 40.74 points, or 0.64%, to 6,385.04.. - Reuters

Singtel’s NetLink makes debut slightly above offer price

Chua Sock Koong, CEO of Singtel, Loh Boon Chye, CEO of Singapore Exchange, Tong Yew Heng, CEO of NetLink NBN Trust and Chaly Mah, Chairman of Netlink NBN Trust watch a lion dance performance during the listing ceremony of NetLink NBN Trust in the Singapore Stock Exchange July 19, 2017. - Reuters

One of the largest telcos in Asia just became $1.3 billion richer

2017-07-19 cnbc
Southeast Asia's largest telecommunications company may be on the hunt for acquisitions following the highly anticipated public listing of Netlink NBN Trust, which raised about 2.35 billion Singapore dollars ($1.72 billion).

SE Asia stocks subdued, Philippine shares edge up

2017-07-19 themalaymailonline
A traffic controller at a constructing site is reflected on a stock quotation board at a brokerage in Tokyo October 1, 2013. — Reuters picSINGAPORE, July 18 — Southeast Asian stock markets were subdued this morning, tracking tepid Asian shares and Wall Street overnight as the passage of a US healthcare bill grew doubtful, raising concerns over the rest of President Donald Trump’s ambitious economic agenda.

Temasek Holdings to increase exposure to India, says Senior Managing Director

2017-07-19 thehindubusinessline
Temasek Holdings, Singapore’s State investment company, has invested around S$1 billion every year for the last five years in India and will continue to progressively increase its exposure, Ravi Lambah, Senior Managing Director & Joint Head, Temasek India, said.

UPDATE 2-Temasek portfolio hits record, but slows investments on caution

2017-07-11 reuters
SINGAPORE Temasek Holdings [TEM.UL] reported a record portfolio value for last year as rallying global stocks helped rake in positive returns, but the Singapore state investor also nearly halved its new investments reflecting a cautious approach to markets.

South-east Asia stocks largely flat ahead of Yellen testimony, Singapore down

2017-07-11 themalaymailonline
Singapore was the biggest decliner in South-east Asia dragged by losses in telecom, industrial and real estate stocks. — Reuters picSINGAPORE, July 11 — Most South-east Asian stock markets moved sideways today in thin trade as investors remained cautious ahead of US Federal Reserve Chair Janet Yellen's monetary policy testimony, which may offer clues on when the Fed would tighten its monetary policy.

Brazil's Petrobras puts all its Paraguay operations for sale

2017-07-07 reuters
SAO PAULO Brazilian state-controlled oil company Petróleo Brasileiro SA (PETR4.SA) disclosed on Friday the initial terms for a plan to sell the entirety of its operations in Paraguay, according to a securities filing.

Asia Business Optimism At 3-Year High: ETFs In Focus

2017-06-28 seekingalpha
According to a survey by Thomson Reuters and INSEAD, business optimism in Asia has risen to a three-year high in the second quarter of 2017.

Singtel’s NetLink Trust launches up to US$1.95b Singapore IPO

2017-06-27 themalaymailonline
NetLink will use a portion of the IPO proceeds to buy Singtel's broadband asset. — AFP picHONG KONG, June 27 — NetLink NBN Trust, the broadband subsidiary of Singapore Telecommunications (Singtel), launched an up to US$1.95 billion (RM8.3 billion) IPO today in the largest new listing in Singapore in more than four years.

Asia Business Optimism at 3-Year High: ETFs in Focus

2017-06-26 zacks
According to a survey by Thomson Reuters and INSEAD, business optimism in Asia has risen to a three-year high in the second quarter of 2017.

Philippines Tax Reform Bill Passed: ETFs in Focus

2017-06-13 zacks
Philippines President Rodrigo Duterte’s tax reform bill was passed by the lower house of the parliament after the third and final reading. This resulted in a landslide victory with 246 votes in favor and just 9 against with 1 in abstention.

Boys’ clubs still dominate in company boardrooms across Asia

2017-06-13 themalaymailonline
Amina al-Rustamani, chief executive of TECOM Investments, sits in her office in Dubai March 27, 2014. Women's presence in Asian boardrooms is among the world's lowest according to a new Deloitte LLP study. — Reuters picSINGAPORE, June 13 — Gender diversity in Asian boardrooms is among the lowest in the world and while there was some improvement last year, the pace of change is slow.

PLDT, Globe to provide free high-speed WiFI to people on Edsa

This is the latest promise of the Department of Information and Communications Technology (DICT), which enlisted the help of telecommunication giants PLDT Inc. and Globe Telecom for the June 12, 2017 launch of its high-speed Wi-Fi project on EDSA.

South-east Asian caution prevails despite positive China trade data

2017-06-08 themalaymailonline
Singapore shares gained as much as 0.4 per cent, with telecom and industrial stocks leading the index. — Reuters picSINGAPORE, June 8 — South-east Asian markets were tepid today, shrugging off better-than-expected trade data from China, as investors focused on the big events of the day, including the UK elections and a meeting by the European Central Bank.

Singapore Business Confidence up: ETFs in Focus

2017-06-07 zacks
Singapore is witnessing an increase in business confidence, which improved for the second consecutive quarter.  As per Singapore Commercial Credit Bureau (SCCB), the Business Optimism Index rose to 3.58% in the third quarter of 2017 from 2.66% in the prior quarter. Moreover, on a year-over-year basis, the index rose to 3.58% in the third quarter from 1.1% in the prior-year quarter.

Philippines rises on lower house nod for tax reform bill

2017-06-02 themalaymailonline
The Philippine Stock Exchange is heading for its first gain in three sessions, the best performer in South-east Asia. — Reuters pic MANILA, June 1 — Philippine shares rose today, heading for their first gain in three sessions and outperforming other South-east Asian markets, after the lower house of Congress approved a much-anticipated tax reform bill yesterday.

StarHub: 6% Yield Does Not Fully Compensate For Multiple Headwinds In FY18 And Beyond

2017-05-31 seekingalpha
StarHub is the #2 telecom player in Singapore offering mobile, broadband, pay-TV and enterprise network services.

SingTel's (SGAPY) CEO Chua Sock Koong on Q4 2017 Results - Earnings Call Transcript

2017-05-18 seekingalpha
Singapore Telecommunications Ltd. ADR (OTCPK:SGAPY) Q4 2017 Earnings Conference Call May 17, 2017 11:00 PM ET

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