Retail Recovery? Not so fast

The month-on-month rebound in retail sales may peter out, but new retail trends such as O2O are here to stay

Broker's Calls

O&G sector due for a turnaround on rising capex in 2019 & beyond, says DBS

SINGAPORE (Oct 5): DBS is maintaining its average Brent crude oil forecasts of ~US$75/bbl for 2018 and US$75-80/bbl for 2019, with the intention to monitor developments in the coming weeks.

Midas JV unit awarded metro train supply contracts worth $548 mil

SINGAPORE (Jan 3): Midas Holdings has announced that three metro train supply contracts totalling to RMB2.68 billion ($547.7 million) were awarded to its joint venture (JV) unit, CRRC Nanjing Puzhen Rail Transport (NPRT), in which the group has a 32.5% eq

GCCP Resources announces contract wins worth over $5 mil

SINGAPORE (Aug 17): GCCP Resources has announced new contract wins worth over RM16 million ($5 million) in total for the supply of crushed calcium carbonate stones, bringing the aggregate value of the group’s contract wins to-date to over RM31 million.

Startups, Entrepreneurs, Digital economy

Amazon robots poised to revamp how Whole Foods runs warehouses

SEATTLE/NEW YORK (June 27): When Inc.'s US$13.7 billion ($19 billion) bid to buy Whole Foods was announced, John Mackey, the grocer's chief executive officer, addressed employees, gushing about Amazon's technological innovation.

NeraTel announces nearly $20 mil in purchase orders from ‘leading service providers’

SINGAPORE (April 20): Nera Telecommunications (NeraTel) today announced its receipt of purchase orders amounting to approximately $19.9 million in aggregate.

Crude Oil

Oil traders warn there's a supply crunch looming

GENEVA/LAUSANNE (March 30): The oil market is risking a supply crunch as producers cut spending on major projects to focus on short-term low-cost shale output in the US, some of the top crude and products traders said.
Donald Trump

Trump’s energy job promise to clash with scant supply of labour

WASHINGTON (Nov 23): President-elect Donald Trump promises that his sweeping changes to energy policy will create “many millions” of American jobs. Finding all those workers may be the challenge.


Ntegrator wins $20.8 mil contract from Vietnam’s largest mobile network operator

SINGAPORE (Oct 26): Ntegrator has secured a contract worth $20.8 million to supply high-performance batteries to Viettel, Vietnam’s largest mobile network operator.