News

Souring Vietnam sentiments on beer may hit ThaiBev

The country’s new anti-drunk driving law took its toll on Sabeco’s beer volumes.

Three proposals submitted for 5G rollout

IMDA expects to award the spectrum by mid-2020.

SIA Group's January load factor up 1.4ppt to 84.5%

The year-end holidays boosted the PLF of all of its airlines.

Daily Markets Briefing: STI down 0.22%

ComfortDelGro saw the sharpest decline amongst top active stocks with a 4.13% contraction.

Chart of the Day: Share of posh shophouses sold declined in 2019

Higher-priced units may not appeal to buyers with shorter investment horizons.

StarHub and M1 submit joint bid for 5G license

This follows an earlier announcement last January 23.

Far East H-Trust may reduce rents amidst slowing demand: report

RevPAR is expected to be lowered to -12% over slower occupancies in 1H20.

New home sales surged 41.4% in January: URA

The take-up was led by projects in the RCR.

Fiscal deficit to hit two decade-high in 2020

The economic effects of the COVID-19 outbreak demanded a much bigger stimulus.

SIAEC forms line maintenance JV with Air Innovation Korea

The company will have an initial registration capital of $5.53m.

ComfortDelGro profits fell 12.6% to $265.1m in 2019

This was due to reduction from existing businesses and the negative impact of foreign currency.

ThaiBev's Q1 profit up 14% to $375.63m

Net profit of its beer business skyrocketed 158.4% YoY.

GDP expanded 0.7% in 2019

The slower growth was partly driven by the manufacturing sector contracting 1.4%.

SIA's profits rose 10.8% to $314.8m in Q3

Its passenger revenue expanded 7% to $239m.

GDP growth forecast revised down to 0.5% for 2020

This falls at the lowest end of the earlier official forecast announced last November.