Raffles Medical

Winners and losers from Singapore's budget as election looms
SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year. Heng announced a new $8 billion support package for seniors in his budget speech on Monday, as well as measures to help local businesses adopt new technologies. ...
Inevitable GST rise makes shopping more expensive. So which stocks could be affected?
SINGAPORE (Nov 29): At the recent People’s Action Party (PAP) convention on Nov 19, Prime Minister Lee Hsien Loong said that “raising taxes is not a matter of whether, but a matter of when”. Lee also said that the tax raise is to support growing government spending. Now, experts are expecting an increase in the Goods and Services Tax (GST).   See: Singapore growth could top 3% ...
17 hot stock picks following a season of strong 2Q gains
SINGAPORE (Aug 17): UOB Kay Hian has upgraded its FTSE Straits Times Index (FSSTI) target forecasts up to 3,410 from 3,250 previously on “pockets of solid outperformances”  in the 2Q17 financial reporting season, which concluded this week.   In a Thursday report, analyst Andrew Chow recaps on what he calls an encouraging 2Q17 reporting season, which saw 28% of companies reporting ...
Raffles Medical, Nam Cheong, GL, CRCT, Keong Hong, Delfi, ISR, Healthway Medical
SINGAPORE (April 24): Here are some stocks that could move the market this Monday morning: Raffles Medical Group posted relatively flat 1Q earnings of $15.5 million, just 0.1% higher than a year ago. Revenue for the 1Q17 ended March, fell 1.7% to $114.9 million. Shares of Raffles Medical closed 1 cent lower at $1.42. See: Raffles Medical 1Q earnings stay flat at $15.5 mil Nam Cheong, the ...
4 investment themes to navigate a growth-challenged 1H17
SINGAPORE (Jan 3): UOB Kay Hian is flagging growth headwinds and external risks in what it calls a growth-challenged year ahead, and therefore recommends positioning defensively on elevated volatility and an uncertain macro outlook. Although the research house has forecast overall 2017 earnings per share (EPS) to grow 10.5% on year to be led by the plantation, aviation and telecommunication ...
New growth drivers emerge for Singapore’s healthcare industry
SINGAPORE (Dec 7): Why would medical tourists have coronary artery bypass grafting (CABG) surgery done in Singapore for US$54,500 ($77,350), when hospitals in Thailand and Malaysia offer the same for about or less than half the price? Based on data on medical treatment costs compiled by CIMB, treatment costs in Malaysia and Thailand are about 50% lower than in Singapore, while Thai ...
10 stock picks to guide you through a lacklustre 1H17
SINGAPORE (Nov 28): With the Singapore market being dragged down this year by events such as Brexit and the US presidential elections, OCBC Investment Research expects the lacklustre sentiment to continue at least into 1H17 as corporate earnings and economic outlook remain subdued. A full-blown recession is unlikely for Singapore’s economy, says OCBC analyst Carmen Lee in a Monday report. ...
Yoma, SHC Capital, Raffles Medical, Equation, CMT, CacheLog, Straits Trading
SINGAPORE (Oct 24): Here are some stocks that could move the market on Monday morning: The Straits Trading Company on Friday announced the proposed sale of an office building in Melbourne, Australia, for A$161.5 million (171.8 million). The conditional sale and purchase agreement was entered into by SRE Investment 1 (Australia), a subsidiary of Straits Real Estate, which in turn is a ...
How will insurance task force’s recommendations impact healthcare providers?
SINGAPORE (Oct 18): The industry-led Health Insurance Task Force on Oct 13 gave several recommendations to address the growing claims costs for integrated shield plans. Some of the recommendations included having medical fee benchmarks to increase transparency, improving the existing processes to identify inappropriate medical treatment and professional misconduct, enhancing insurance ...
New investment ideas to play the Singapore market
SINGAPORE (Sept 20): CIMB Equity Research has found two new investment themes that local investors can look into, namely the Asean domestic consumption and new technology. These are on top of the Real Estate Investment Trusts and property segments which CIMB has an “overweight” rating on. In a flash note on Tuesday, analyst Lim Siew Kee wrote that companies with Asean exposure like Thai ...