Japan

Covid-19

Canceling the Olympics is an option, senior Japan official says

A senior official in Japan’s ruling party indicated cancelling the Tokyo Olympics was an option as the country struggles with a surge in coronavirus cases less than 100 days before the Games are du

OCBC raises Shangri-La Asia fair value to HK$9.74 on anticipated recovery - THE EDGE SINGAPORE

Broker's Calls

OCBC raises Shangri-La Asia fair value to HK$9.74 on anticipated recovery

 

Hotel operator Shangri-La Asia’s FY20 results came in below expectations of OCBC’s analyst Chu Peng, due to higher operating expenses and a weak operating environment.

DBS initiates 'buy' on Nanofilm with TP of $6.22 on proprietary technology, growth opportunities - THE EDGE SINGAPORE

Broker's Calls

DBS initiates 'buy' on Nanofilm with TP of $6.22 on proprietary technology, growth opportunities

DBS Group Research has initiated coverage on Nanofilm Technologies International with a ‘buy’ call and a target price of $6.22, representing about 34% potential upside.

FSL Trust to sell product tanker - THE EDGE SINGAPORE

Offshore & Marine

FSL Trust to sell product tanker

A wholly-owned subsidiary of First Ship Lease Trust (FSL Trust) has entered into a memorandum of agreement to sell the vessel FSL Osaka to an unaffiliated third party.

RHB expects Singapore's PMI to moderate in 1Q21; sees potential disruption in the semicon industry - THE EDGE SINGAPORE

Singapore economy

RHB expects Singapore's PMI to moderate in 1Q21; sees potential disruption in the semicon industry

The team at RHB Group Research says it foresees a slight moderation in Singapore’s Purchasing Managers’ Index (PMI) in the 1Q2021 despite the positive momentum witnessed towards the end of 2020.

Italian soul at Solo Ristorante - THE EDGE SINGAPORE

Food & Beverage

Italian soul at Solo Ristorante

As the new chef and partner at Solo Ristorante, Simone Fraternali brings a taste of northern Italy to Amoy Street 

Analysts in favour of Mapletree North Asia Commercial Trust's Seoul acquisition - THE EDGE SINGAPORE

Broker's Calls

Analysts in favour of Mapletree North Asia Commercial Trust's Seoul acquisition

DBS Group Research, OCBC Investment Research, and CGS-CIMB have rated Mapletree North Asia Commercial Trust (MNACT) “buy” or “add” following MNACT’s acquisition announcement on September 25.

Almost a third of APAC workers are facing increasing burnout at work: Microsoft study - THE EDGE SINGAPORE

Covid-19

Almost a third of APAC workers are facing increasing burnout at work: Microsoft study

Close to a third of workers in Asia Pacific are facing increased rates of burnout over the past six months, according to Microsoft’s latest Work Trend Index report.

Singapore and Japan to launch residence track for business executives and professionals - THE EDGE SINGAPORE

Singapore economy

Singapore and Japan to launch residence track for business executives and professionals

Singapore and Japan have agreed to launch a residence track for business executives and business professionals who are work pass holders.

iX Biopharma secures Israel patent for WaferiX - THE EDGE SINGAPORE

Company in the news

iX Biopharma secures Israel patent for WaferiX

iX Biopharma has been granted a patent in Israel for its WaferiX drug delivery technology.

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