report

SGX market turnover up 1% in Oct; total derivatives volume hits all-time high
SINGAPORE (Sept 9): SGX reported a total securities market turnover value of $24.3 billion for the month of Oct 2018, up 1% y-o-y and 25% m-o-m. There were 23 trading days in Oct this year. Comparatively, there were 20 trading days in Sept 2018 and 21 trading days in Oct 2017. Securities daily average value (SDAV) fell 7% y-o-y but grew 9% m-o-m to $1.06 billion. In its announcement on ...
US spares China from yuan-manipulator label amid trade war
WASHINGTON (Oct 18): The Treasury Department stopped short of declaring China a currency manipulator in its semi-annual report on foreign-exchange rates, averting an escalation of a trade war while serving notice that the US will closely watch the yuan after its recent slide. “Of particular concern are China’s lack of currency transparency and the recent weakness in its currency,” ...
Why Asian family businesses continue to dominate markets
SINGAPORE (Sept 12): The financial performance of Asia’s family-owned businesses is far superior to their peers in terms of growth and profitability, finds a recent report published by the Credit Suisse Research Institute (CSRI). According to the Credit Suisse Family 1000 in 2018 report, family-owned businesses outperformed broader equity markets across every region and sector on a long-term ...
Singapore's manufacturing talent must evolve to address new challenges: Randstad
SINGAPORE (Sept 5): A growing number of companies in Singapore’s manufacturing sector have been jumping on the digital bandwagon by exploring how manufacturing intelligence and automation can help meet their business objectives, reduce cost and improve efficiencies, according to Randstad Singapore’s observations. In its latest Manufacturing Workforce Trends report, the recruitment firm ...
Singapore rises in global ranking to 4th most expensive city for expats: Mercer
SINGAPORE (June 26): Singapore has moved up one place from last year to No.4 on the list of most expensive city for expatriate assignments, according to the latest findings from consulting firm Mercer’s 24th annual Cost of Living survey. In a Tuesday release, Mercer notes that the city state’s position is closely followed by other Asian cities such as Seoul, Shanghai and Beijing at fifth, ...
Ageism, lack of disability support remain rampant in Singapore's workforce, finds study
SINGAPORE (Apr 18): Businesses in Singapore have much to catch up on in terms of workplace diversity, according a new report by Workday, a provider of enterprise cloud applications for finance and human resources (HR). Based on the findings of the Diversity & Inclusion study, which surveyed more than 100 HR leaders for large companies and small-medium enterprises (SMEs) in Singapore, more ...
Strong hiring outlook in Singapore continues into 2Q18
SINGAPORE (Mar 13): Singapore’s employers are continuing to indicate a strong hiring outlook for 2Q18 with 16% intending to hire during the quarter ahead, according to data from workforce solutions company ManpowerGroup’s latest ManpowerGroup Employment Outlook Survey (MEOS). Out of the 695 employers surveyed in Singapore across seven industry sectors, 5% forecast a decrease in staffing ...
FY18 could be a turnaround year for Jubilee Industries, says CIMB
SINGAPORE (Mar 12): CIMB is starting coverage of post-restructured Jubilee Industries at “add” with a target of 5.1 cents. This is on expectations the plastic manufacturer for the electronics industry could report a net profit in FY18. After four straight half-year losses since the acquisition of its electronic component distribution (ECD) business in 2015, the group posted net profit ...
China Sunsine initiated at 'buy' as the market consolidates in its favour
SINGAPORE (Jan 29): Phillip Capital is initiating coverage on China Sunsine, the largest producer of rubber accelerators in the world, with a “buy” call and target price of $1.60 or 10 times FY18 earnings. In a Monday report, analyst Chen Guangzhi says he expects the group’s current attractive product spread to sustain growth for the next couple of years as supply continues its ...
Shape of world's future lies in the non-Western states
SINGAPORE (Jan 25): The fate of the world lies heavily in what happens in the 85% of the world's population that lives outside of North America and Europe, particularly Africa, Latin America and the Middle East. These are the words of Afshin Molavi, Senior Fellow at the Johns Hopkins SAIS Foreign Policy Institute, who in Credit Suisse Research Institute’s 2018 Davis special report, The ...