SGX Stock Market

18Nov
sgx 18 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 18 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended 0.81 per cent lower on Monday with the Straits Times Index slipping 27.00 points to 3,288.67. Some 1.23 billion shares, valued at S$1.03 billion were traded. Gainers numbered 152 while losers numbered 318.
  • SINGAPORE share prices opened lower on Monday with the Straits Times Index down 4.82 points to 3,310.85. Volume was 78.3 million shares worth S$83.5 million. Gainers outnumbered losers 72 to 62.
  • A landmark trading link that is expected to see billions of dollars in trades between Hong Kong and Shanghai’s stock exchanges officially launched on Monday, but early figures show mainlanders holding back from piling into Hong Kong. At the opening ceremony Charles Li, chief executive of Hong Kong’s stock exchange, declared the tie-up a “historic” moment and hailed a “new era” of trade, while chairman Chow Chung Kong said it was a “breakthrough in the opening up of China’s financial market”.
  • BUSINESS leaders in South-east Asia believe that the Asean Economic Community (AEC) presents an opportunity for their business but less than a fifth of them have made plans and changes in anticipation of the common market that is targeted to be realised by the end of next year.
  • CREDIT trends for Asia-Pacific’s shipping, airlines, and logistics companies are expected to remain stable over the next year, although an underperforming Chinese economy or a major change in the country’s economic policy could hit demand, according to Standard & Poor’s (S&P) Ratings Services.The outlook comes on the back of rising demand, easing fuel prices and prudent financial policy, which should offset industry headwinds such as stiff competition and overcapacity.
  • Japan’s economy unexpectedly shrank an annualised 1.6 per cent in July-September after a severe contraction in the previous quarter, likely solidifying the view that premier Shinzo Abe will delay a second sales tax hike next year. The preliminary figure for gross domestic product (GDP) compared with a 2.1 per cent increase forecast by economists in a Reuters poll.
  • DEVELOPERS sold 765 private homes in October, up from 648 units in September but still below the 1,105 units they moved in October 2013. These figures exclude executive condos (ECs). The data was released on Monday by Urban Redevelopment Authority based on monthly sales data submissions from developers.
  • NON-OIL domestic exports last month were a tad higher than in September but they dipped 1.5% from a year ago. And the outlook doesn’t look good, with leading indicator – non-oil retained imports of intermediate goods – falling from the previous month.

STOCK RECOMMENDATION :

  • BUY JARDINE STRATEGIC HOLDINGS ABOVE 34.85 TGT 35.05 , 35.30 SL 34.55

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

17Nov
sgx 17 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 17 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended higher on Friday with the Straits Times Index gaining 10.74 points to 3,315.67. Some 1.52 billion shares, valued at S$1.05 billion were traded. Gainers numbered 191 while losers numbered 239.
  • SINGAPORE share prices opened higher on Friday with the Straits Times Index up 8.04 points to 3,312.97. Volume was 42.7 million shares worth S$73.7 million. Losers outnumbered gainers 59 to 58.
  • RETAIL investors in Singapore can start trading in China’s A-share market next Monday through the Shanghai-Hong Kong Stock Connect programme, some brokerages here told The Business Times. The brokerages gearing up are DBS Vickers, Phillip Securities, Maybank Kim Eng
  • IN preparation for a potential spike in demand for yuan, Hong Kong has decided to lift a daily cap on the amount of Chinese yuan residents can convert from next Monday – which is also when the city’s new stock trading link with Shanghai will start.
  • WHEN the Shanghai and Hong Kong stock exchanges “connect” on Monday, it will open multibillion- dollar channels for investors to play both markets, but some Chinese punters say it looks more like a bad trade. Overseas investment houses are salivating at the prospect of greater
  • THE coming trading link between the Hong Kong and Shanghai bourses has triggered much speculation about the competitive pressure that it could create for the Singapore stock market. Until the link has been up and running for a while, any predictions on that front are pure speculation. But
  • THE offshore renminbi (RMB) bond market looks set to hit a new record this year, with an estimated total of more than RMB550 billion (S$105 billion) of issuance. The 2013 figure of RMB385 billion was itself a record. The development of this market is seen as a cornerstone of Beijing’s
  • OPPORTUNITIES could emerge for Singapore from the proposal to revive the maritime Silk Road, given the Republic’s role as a major transportation, logistics and maritime hub, Prime Minister Lee Hsien Loong has said in Beijing, where he is attending the Apec Summit. In an interview with Beijing Satellite TV on Monday, he said: “If we can deepen our cooperation with neighbouring countries, and in particular, strengthen trade and investment between China and its neighbours through the maritime Silk Road initiative, we hope a part of the services can be provided through Singapore’s sea port and airport network.”
  • SINGAPORE and China are entering the next phase of bilateral cooperation as they look to celebrate 25 years of their bilateral ties next year and work on a third government-to-government project. Meeting Prime Minister Lee Hsien Loong on the sidelines of the annual Apec

STOCK RECOMMENDATION :

  • BUY HONGKONG LAND HOLDINGS ABOVE 7.07 TGT 7.09 ,7.12 SL 7.05

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

14Nov
sgx 14 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 14 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended higher on Thursday with the Straits Times Index gaining 21.22 points to 3,304.93. Some 1.5 billion shares, valued at S$1.22 billion were traded. Gainers numbered 220 while losers numbered 195.
  • Indonesia’s central bank kept its key interest rate steady on Thursday despite slowing growth, ahead of an expected fuel price hike by the new government that will likely push up inflation. Bank Indonesia kept the rate at 7.50 per cent for the 12th consecutive month, in line with economists’ forecasts.Growth in Southeast Asia’s top economy has been slowing from recent highs of more than six per cent, dropping to 5.01 per cent on-year in the third quarter, the weakest pace of expansion for five years.
  • Indonesia’s current account deficit in the third quarter narrowed to 3.07 per cent of gross domestic product compared with 4.27 per cent in the second quarter and 3.9 per cent in July-September 2013, Bank Indonesia’s governor said on Thursday.Between June and November last year, Bank Indonesia raised its benchmark interest rate 175 basis points to shrink the then- ballooning current account deficit. The tightening has contributed to a slowdown in this year’s economic growth rate.
  • Regulators fined six major banks a total of US$4.3 billion for failing to stop traders from trying to manipulate the foreign exchange market, following a yearlong global investigation. HSBC Holdings Plc, Royal Bank of Scotland Group Plc , JPMorgan Chase & Co, Citigroup Inc, UBS AG and Bank of America Corp all faced penalties resulting from the inquiry, which has put the largely unregulated US$5-trillion-a- day market on a tighter leash, accelerated the push to automate trading and ensnared the Bank of England.
  • Standard Chartered said it intends to keep a “prudent buffer” over minimum capital requirements and said it is well placed to meet proposed higher rules to hold more debt that can absorb losses. Standard Chartered said it had loss absorbing capacity of 20 per cent or more which was also “in the right place” in slides released on Thursday after a 3-day investor trip in Hong Kong. Global regulators are proposing banks hold total loss absorbing capital of at least 16-20 per cent.
  • SATS Ltd posted a 3.3 per cent decrease in net profit to S$47.1 million for the second quarter ended Sept 30, 2014, after the market closed on Thursday.Revenue for the same period stood at S$442.2 million, inching down 2.2 per cent from the same period a year ago.

STOCK RECOMMENDATION :

  • BUY CAPITALAND ABOVE 3.24 TGT 3.26 , 3.29 , SL 3.22

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

13Nov
sgx 13 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 13 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended 0.26 per cent lower on Wednesday with the Straits Times Index slipping 8.44 points to 3,283.71. Some 99.9 million shares, valued at S$1.02 billion were traded. Gainers numbered 195 while losers numbered 219.
  • SINGAPORE share prices opened flat on Wednesday with the Straits Times Index up 0.63 points to 3,292.78 in early trade. Volume was 78.4 million shares worth S$108.5 million. Gainers outnumbered losers 91 to 65.
  • THE OW Bunker fraud case that hit Singapore’s bunkering industry last week may not have caused major disruptions to fuel supply in ports here, but the financial fallout may yet unsettle the industry as companies start making their credit claims. Already, at least two oil traders are said to be filing legal claims.
  • A JOINT venture formed by companies linked to China’s state-owned conglomerate Citic Group and American private equity firm KKR has made an offer to acquire at least a majority stake in Singapore- listed United Envirotech Ltd (UEL) at S$1.65 a share.
  • THIS year’s Apec Summit in Beijing has delivered major outcomes, in particular a road map towards a trade liberalization framework called the Free Trade Area of the Asia Pacific (FTAAP) and a connectivity blueprint that provides the prerequisite for regional economic integration,
  • ASEAN must double its productivity growth to make the most of globalization, urbanization and digital technology to lift its growth to a new level, said a study issued on the eve of the meeting of the leaders of the economic grouping here. The study, released on Tuesday by the McKinsey Global Institute and titled “South-east Asia at the Crossroads: Three Paths to Prosperity”, noted that economic development in the 10-member grouping has so far been backed largely by an expanding labour force, in particular, the shift of workers from agriculture to industry.
  • PRIVATE rental prices continued to fall in October, marking the ninth consecutive monthly decline in rental prices as rents dipped 0.9 per cent month on month, according to SRX Property. Prices have decreased 5.1 per cent since January, SRX said in its flash report on the Non-landed Private Residential Price Index for Rentals. Meanwhile, rents were down 5.3 per cent year on year in October.
  • STANDARD Chartered Bank has no plans to close any branches in Singapore, The Business Times understands, as the UK-based bank targets to shutter up to 100 branches or 8 per cent of its network to improve profits.

STOCK RECOMMENDATION :

  • SELL CAPITALAND LTD BELOW 3.14 TGT3.3.12 ,3.09 SL 3.16

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

12Nov
sgx 12 nov 14

Financial Sgx Singapore Stock Market Trading Picks And News – 12 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended 0.27 per cent lower on Tuesday with the Straits Times Index slipping 8.85 points to 3,292.15. Some 1.15 billion shares, valued at S$989.1 million were traded. Gainers numbered 150 while losers numbered 242.
  • SINGAPORE’S public accountants and public accounting firms will soon have to adhere to stricter professional conduct and ethics guidelines aimed at greater audit independence. The Accounting and Corporate Regulatory Authority (Acra), the industry’s regulator, announced on Monday that the Code of Professional Conduct and Ethics (Code) for public accountants and accounting entities will be strengthened further from Feb 1, 2015.
  • SINGAPORE banks are expected to step up their foreign currency bond sales to fund increasing intra- regional expansion. This comes as Asean banks step up bond issuances overall, as loans growth outpace deposit inflows, said Moody’s Investors Service in a report on Monday. Banks in Singapore and Malaysia have increasing foreign-currency funding requirements arising from their active pursuit of intra-regional expansion, added Moody’s.
  • THE Inland Revenue Authority of Singapore (IRAS) will be extending e-filing to all companies, regardless of annual revenue, from next year. This means that larger companies that file the Corporate Income Tax Form (Form C) will be able to do so online, which will cut compliance costs as well as raise productivity and efficiency, IRAS highlighted.
  • A creditor of bankrupt OW Bunker is preparing a lawsuit in Singapore seeking to reclaim its money, court documents showed, as the fallout from the collapse of the world’s largest marine fuel supplier begins to ripple through the sector. In a separate case, court documents showed a second ship fuel company, Vanguard Energy Pte Ltd, filed for bankruptcy in the city state on Oct. 29, a week before OW Bunker said it had been driven to insolvency by suspected fraud at its Singapore trading unit.
  • Singapore’s Maritime and Port Authority (MPA) said on Tuesday that it expects minimal disruption to supplies of bunker shipping fuel in the country’s port following the bankruptcy of Denmark’s OW Bunker. “There are currently more than 60 bunker suppliers in Singapore, and OW Bunker Far East (Singapore) Pte Ltd accounted for less than three per cent of the 42.6 million metric tonnes supplied in Singapore in 2013,” the MPA said in a statement.
  • CONSUMER confidence in Singapore climbed to its highest levels in three years, driven by an optimism in future job prospects and a positive outlook on personal finances. According to the latest Consumer Confidence Index by Nielsen, consumer confidence levels in Singapore

STOCK RECOMMENDATION :

  • SELL UNITED OVERSEAS BANK BELOW 23.00 TGT 22.85, 22.55 SL 23.20

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

11Nov
sgx 11 nov 14

Financial Sgx Singapore Stock Market Trading Picks And News – 11 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended higher on Monday with the Straits Times Index gaining 14.61 points to 3,301.00. Some 1.39 billion shares, valued at S$1.03 billion were traded. Gainers and losers tied at 214.
  • SINGAPORE share prices opened higher on Monday with the Straits Times Index up 20.17 points to 3,306.56. Volume was 282.9 million shares worth S$182.8 million. Gainers outnumbered losers 139 to 64.
  • THE Code of Professional Conduct and Ethics for public accountants and accounting entities will be strengthened further from Feb 1 next year. The proposed amendments have been accepted by the  Ministry of Finance. The current Code is based on the International Ethics Standards Board for Accountants (IESBA)’s 2006 Code of Ethics, with some modifications and additional provisions for Singapore’s public accountants, said the Accounting and Corporate Regulatory Authority (Acra).
  • NEW research says it may be cheaper to rent than to buy a home in Singapore, if residential property prices here continue their current moribund trend. But does this necessarily mean homebuyers here are better off switching to this option? And is property now necessarily the
  • China’s inflation came in at 1.6 per cent in October, unchanged from the previous months, the government said Monday. The consumer price index (CPI) figures released by the National Bureau of Statistics (NBS) remained at the lowest point since January 2010. cent annual target set by the government in March.
  • Singapore’s two glitzy casinos are fighting for a shrinking pool of high rolling players as China’s corruption crackdown and economic slowdown reduce the number of VIPs at their tables, and the battle is starting to turn ugly. Gaming mogul Sheldon Adelson, whose Las Vegas Sands (LVS.N) runs the Marina Bay Sands resort, has accused rival Genting Singapore’s (GENS.SI) Resorts World Sentosa of relying on overly generous incentives and credit to entice big money players.
  • THE private residential leasing market has grown steadily weaker from the previous year in most districts of Singapore, with unpopular suburban locations the hardest hit.And no reprieve is in sight as latest Q3 figures show non-landed private home rentals sliding another
  • SINGAPORE and China are entering the next phase of bilateral cooperation as they look to celebrate 25 years of their bilateral ties next year and work on a third government-to-government project. Meeting Prime Minister Lee Hsien Loong on the sidelines of the annual Apec

STOCK RECOMMENDATION :

  • SELL NOBLE GROUP BELOW 1.250 TG 1.240 , 1.225 SL 1.265

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

10Nov
sgx 10 nov 14

Financial Sgx Singapore Stock Market Trading Picks And News – 10 November 2014

MARKET UPDATES :

  • MS Holdings began its maiden day on SGX-Catalist on an encouraging note, opening higher at 33 Singapore cents – eight Singapore cents or 32 per cent higher than its offer price of 25 Singapore cents a piece. The counter was one of the most actively traded in the first hour of Friday’s trading session with some seven million shares worth S$2.4 million done.
  • SINGAPORE shares ended 0.14 per cent lower on Friday with the Straits Times Index slipping 4.57 points to 3,286.39. Some 1.21 billion shares, valued at S$1.08 billion were traded. Gainers numbered 186 while losers numbered 238.
  • Traders and shipping companies scrambled to source fuel and take over supply contracts on Friday after Danish marine fuel supplier OW Bunker said a suspected fraud at its Singapore subsidiary had pushed it to the brink of bankruptcy.
  • AUSGROUP sought an immediate halt in the trading of its shares on Friday, pending a release. The company said the release will be related to the planned acquisition of all of Ezion Offshore Logistics Hub Pte Ltd and a 90 per cent stake in Teras Australia Pty Ltd.
  • ST Engineering posted an 8 per cent dip in net profit to S$121.3 million for the third quarter from S$131.4 million a year ago, largely due to weak European operations. Revenue was flat at S$1.553 billion from S$1.550 billion a year earlier, on the back of lower revenue in the aerospace business which offset the 14 per cent higher revenue from the marine sector.
  • SINGAPORE remains the second most attractive destination, after the US, for Chinese investments. Hong Kong remains in third position. This is according to new research from The Economist Intelligence Unit (EIU). Its China Going Global Investment Index, which ranks 67 countries on their attractiveness to Chinese overseas investment, features 55 quantitative indicators of opportunity and risk – two broad pillars used to assess countries’ attractiveness.
  • WORKERS in Singapore can expect an average wage increase of 4.5 per cent in 2015 – the same level as this year, but still much lower than many other economies in the region. The projected increase is the third-lowest in the region; only workers in Japan and Taiwan will get a
  • HIT by losses from associate Tiger Airways, Singapore Airlines’ (SIA) net profit for the second quarter of FY14/15 dived 43 per cent year on year to S$90.9 million. However, operating profit for the quarter was boosted some 52 per cent to S$131.7 million as expenditure eased 1.1 per cent, partly due to lower fuel costs.

STOCK RECOMMENDATION :

  • BUY WILMAR INTERNATIONAL ABOVE 3.200 TG 3.250, 3.300, 3.370 SL 3.130

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

7Nov
sgx 07 nov 14

Financial Sgx Singapore Stock Market Trading Picks And News – 07 November 2014

MARKET UPDATES :

  • SINGAPORE Airlines (SIA) reported a 43 per cent drop year on year in net profit to S$90.9 million for the second quarter ended Sept 30, hit by losses from associated companies.However, its operating profit for the second quarter was up some 52 per cent to nearly S$132 million, boosted by lower expenditure.Revenue was nearly flat at S$3.9 billion, while earnings per share worked out to 7.7 Singapore cents, down from 13.6 cents in the corresponding quarter a year earlier.
  • LOGISTICS firm CWT Ltd on Thursday posted a 70 per cent surge in net profit for the third quarter on stronger revenue.Net profit for the three months ended Sept 30, 2014 stood at S$32.5 million, up from S$19.1 million a year ago.Revenue grew 70 per cent to S$3.77 million, with the largest increase coming from its commodity marketing and financial services.
  • DBS Bank customers can now make cash withdrawals at all Guardian Health & Beauty and Sheng Siong stores in Singapore as the bank expands its POSB Cash-Point.With this expansion, DBS/POSB has effectively increased its withdrawal touchpoints to close to 2,000 islandwide, solidifying its presence in town and in the heartlands. The banking group said DBS/POSB customers are now able to withdraw up to S$100, in multiples of S$10, with any item purchase at more than 140 Guardian Health & Beauty and over 30 Sheng Siong stores in Singapore.
  • The World Bank’s private sector arm pledged US$450 million on Wednesday to support trade, investment and employment in the three West African countries affected the most by the deadly Ebola outbreak.The announcement from the bank’s International Finance Corporation (IFC) brings total World Bank commitments for Ebola to nearly US$1 billion in the past three months, an unprecedented rapid response for a development institution that has been accused of dragging its feet on project approval in the past.
  • SINGAPORE small and medium-sized enterprises which responded to a global SME performance review appear to be happy with government initiatives, helping the city-state maintain its position as the most SME-friendly economy for the second year running.
  • EMPLOYEES in Singapore can expect their salaries to increase by an average of 4.5 per cent again in 2015, according to the latest Salary Trends survey by ECA International.With inflation predicted to be higher next year, staff in Singapore will experience lower real wage uplifts than they have in 2014.”Although pay rises in Singapore are forecast to be at the same level next year, inflation is anticipated to be significantly higher,” said Lee Quane, regional director – Asia, ECA International. “After inflation, real wage increases will average 2 per cent in Singapore next year – down from last year’s 3.1 per cent rise in real terms.”

STOCK RECOMMENDATION :

  • BUY COMFORTDELGRO LTD ABOVE 2.690 TG 2.730, 2.780, 2.850 SL 2.630

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

6Nov
sgx 06 nov 14

Financial Sgx Singapore Stock Market Trading Picks And News – 06 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended higher on Wednesday with the Straits Times Index gaining 5.97 points to 3,287.54. Some 857.4 million shares, valued at S$760.6 million were traded. Gainers numbered 148 while losers numbered 221. The Singapore Exchange (SGX) halted securities and derivatives markets as at 2:51pm, as connection between SGX’s members and its securities and derivatives markets were unavailable. The securities market reopened at 5:15pm, and closed at 5:51pm.
  • Singapore Exchange Ltd said its securities market will reopen at 1715 local time (0915 GMT), and remain open for a minimum 30 minutes of continuous trading. Trading on both securities and derivatives markets of SGX was halted about two hours ago for connectivity issues, the exchange has said. The stock market normally closes at 1700 local time.
  • Trading of securities and derivatives on the Singapore Exchange, a major equity and commodity bourse in Asia, was suspended on Wednesday afternoon due to connectivity issues. The securities and derivatives markets were halted at 1451 Singapore time (0651 GMT), and the connection between SGX members and the two markets was unavailable, the exchange said in a statement. SGX did not provide details of the problem or a time frame for recovery of service.
  • LOCAL companies are paying their bills at one of the fastest rate in the past five years – due to tighter credit terms and the vigorous pursuit of debts. Electronics and construction companies are among those that are paying their bills earlier in the third quarter than a year
  • SMRT Corp’s group chief financial officer, Sam Ong Eng Keang, has resigned after eight months on the job and his last day will be Nov 9. The transport operator said in a release on Tuesday that Mr Ong, who joined SMRT on March 1, 2014, is leaving to “pursue philanthropic interests and business prospects”.
  • Trading of securities and derivatives on the Singapore Exchange, a major equity and commodity bourse in Asia, was suspended on Wednesday afternoon due to connectivity issues. The securities and derivatives markets were halted at 1451 Singapore time (0651 GMT), and the connection between SGX members and the two markets was unavailable, the exchange said in a statement.
  • THE small car certificate of entitlement (COE) premium climbed as replacement buyers thronged the market, even as the big-car premium slipped. In the first COE bidding exercise for the new and larger November-2014-to-January-2015 quota, Category A – for cars below 1,600cc or 130 hp – rose S$910 to S$64,900. The Cat B premium, for cars above 1,600cc and 130 hp, fell S$1,112 to S$70,890. Cat E, the open category which currently tracks Cat B, shed S$901 to S$71,300.

STOCK RECOMMENDATION :

  • BUY OLAM INTERNATIONAL ABOVE 2.100 TG 2.150, 2.200, 2.270 SL 2.030

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

5Nov
sgx 05 nov 14

Financial Sgx Singapore Stock Market Trading Picks And News – 05 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended 0.28 per cent lower on Tuesday with the Straits Times Index slipping 9.27 points to 3,281.57. Some 1.88 billion shares, valued at S$1.01 billion were traded. Gainers numbered 177 while losers numbered 251.
  • SINGAPORE share prices opened lower on Tuesday with the Straits Times Index down 3.45 points to 3,287.39. Volume was 62.8 million shares worth S$53.9 million. Losers outnumbered gainers 77 to 55.
  • AS it becomes clearer that it will be extremely challenging for Singapore to hit its ambitious 2-3 per cent productivity growth target, the Monetary Authority of Singapore (MAS) has said restructuring should not be measured solely against productivity performance, and that productivity is not an end in itself. In response to queries from The Business Times, MAS chief economist and assistant managing director (Economic Policy) Edward Robinson said: “Restructuring is about making the shifts necessary to align the structure of the economy with our capabilities and endowments, in other words, to produce what we are good at and have the resources for.
  • UK-based hotel operator Premier Inn is opening its first hotel in Singapore, the 300-room Premier Inn Singapore Beach Road, in the middle of 2016. This comes as the group plans to grow to at least 50 hotels in South-east Asia – namely Singapore, Indonesia and Thailand – India and the Middle East by 2018. Target markets will include Bali, Jakarta, Yogjakarta, Bangkok, Goa, Mumbai, Dubai, Muscat and Doha.
  • MORE local companies are getting paid on time as they tighten up credit and pay more attention to collection. The average number of days a company pays its bills is now 36 days in Q3, down from 39 days a year ago, said DP SME Commercial Credit Bureau on Tuesday.
  • SINGAPORE is reviewing its research and development (R&D) programmes and policies ahead of the next five-year tranche of science funding. “This meeting was really about policies that we need to look at to ensure we enjoy continued success going forward, and to ensure.
  • SINGAPORE will impose temporary visa requirements for citizens of three Ebola-affected African nations – Guinea, Liberia, Sierra Leone – when they enter the Republic from Wednesday, as part of a move to tighten border control. Lam Pin Min, Minister of State for Health, on Monday said in Parliament that the Health Ministry (MOH) will implement this together with the Foreign Affairs Ministry, Home Affairs Ministry, Immigration and Checkpoints Authority and the Civil Avaition Authority of Singapore.

STOCK RECOMMENDATION :

  • BUY CITY DEVELOPMENT LTD ABOVE 9.550 TG 9.650, 9.770, 9.900 SL 9.420

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

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