Singapore Telecommunications

Broker's Calls

Here’s why Singtel’s earnings could pick up in 2019

SINGAPORE (Jan 23): DBS Group Research is reinstating coverage for Singapore Telecommunications with a “buy” rating, with the expectation that the telco’s digital business will turn profitable at t

Asia FX

Southeast Asia currency slide inflates US$20 bil debt bil

(Nov 29): Here we go again. Southeast Asia is bracing for rising debt bills as the region’s currencies slide.

Broker's Calls

Singtel fairly valued given keen competition in Australia, decent dividend yield

SINGAPORE (Nov 11): RHB is maintaining its “neutral” call on Singtel with a target price of $4 as valuations are fair given the competitive pressure it faced in Australia coupled with its decent di

Broker's Calls

Overhang on Singpost’s share price to be lifted with JV conclusion

SINGAPORE (Oct 28): CIMB Securities is upgrading its “hold” call to “add” on Singapore Post (Singpost) with a higher target price of $1.76 as UOB Kay Hian and Maybank Kim Eng are reiterating their

Market Close

STI closes 0.5% lower at 2,856.13

SINGAPORE (Oct 11): Singapore stocks closed 0.5% lower amid mixed fortunes of its Asian peers, many of which started on a positive note but closed lower.

Broker's Calls

All’s well in SingPost’s mending of corporate governance

SINGAPORE (Oct 11): Maybank Kim Eng is keeping its “buy” call on Singapore Post (SingPost) with an unchanged price target of $1.77.

NRF launches cybersecurity and synthetic biology consortiums to help companies tap new technologies

SINGAPORE (Sept 20): Two new consortiums in cybersecurity and synthetic biology were launched today to spur collaborations between industry players, government agencies and research institutions.

Broker's Calls

SingPost ready to gain, now that pain is over

SINGAPORE (Sept 20): Maybank is switching its stance on Singapore Post (SingPost) from “sell” to “buy” with a higher target price of $1.77 from $1.29 previously to reflect lower new acquisition and

Market Close

STI closes 0.6% lower at 2,799.51

SINGAPORE (Sept 2): The Singapore market ended lower on Friday, with telcos taking the brunt of losses following the registration of interest of three contenders for a fourth mobile operator licenc

At 0.4% its size, Singapore wants more phone carriers than China

SINGAPORE (Sept 2): Singapore’s population may be 0.4% the size of China’s but the tiny city-state may soon host a larger number of carriers than the world’s largest mobile-phone market.