Thai Bev

ThaiBev strong contender to win up to 54% stake in Vietnam's Sabeco
(Dec 10): Brewing groups including ThaiBeverage, Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam's largest brewer, Sabeco, people familiar with the matter said, with the US$5 billion ($6.76 billion) sale process by the government opening this week. The auction of up to 54% of Sabeco, in what is set to be Vietnam's biggest privatisation, offers brewers ...
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 ...
Could Singapore’s consumer sector see a pickup in investor sentiment?
SINGAPORE (June 13): OCBC Investment is maintaining its “neutral” rating on Singapore’s consumer sector given a lack of broad-based improvement for the retail scene, as well as the continued expansion and growth of e-commerce players. This comes even as local retail sales data for April registered slightly above consensus, with retail sales up 2.6% on-year on higher sales in ...
How Singapore investors can stay defensive in a post-Trump world
SINGAPORE (Nov 11): Donald Trump’s notorious US presidential win on Wednesday will surely raise volatility for Singapore’s equities, says DBS Vickers Securities. This is largely because the chances of a Trans-Pacific Partnership (TPP) approval under Trump are now slim – and thus could affect the long-term growth prospects of Singapore. “The prospect of Trump enforcing his ...