Broker's Calls

Clear skies for ClearBridge Health as PhillipCapital expects stronger recovery in 2H20

PhillipCapital has maintained its “buy” rating and target price of 26 cents on ClearBridge Health (CBH) on the back of a stronger 2H20 for the company. 


Raffles Medical posts 38.2% drop in 1H2020 earnings, but expects to "remain profitable" this year

Earnings of healthcare provider Raffles Medical Group plunged 38.2% to $17.2 million for 1H2020 ended June, from $27.9 million a year ago, following the deferment of elective surgeries and a dip in

Tong's Portfolio

How close are Bursa and SGX-listed companies to financial distress?

SINGAPORE (Apr 30): There is no question that the Covid19 pandemic and resulting restriction on movements will inflict significant economic pain on businesses on a global scale.

Global review

The policy response and its implications

(Apr 9): In our 1Q2020 Macro Quarterly: The Next Decade in Asset Allocation, we discussed how the policy response to the next recession would create a new era for markets.

Startups, Entrepreneurs, Digital economy

Telemedicine startup Doctor Anywhere raises US$27 mil in funding round, eyes further overseas expansion

SINGAPORE (Mar 31): Doctor Anywhere, a Singapore startup for remote medical consultations, raised US$27 million ($38.5 million) in funding as the coronavirus pandemic fuels demand for telemedicine


Raffles Medical posts 14.1% drop in FY2019 earnings, but looks for novel measures to cope with Covid-19

SINGAPORE (Feb 24): Raffles Medical Group has posted a 14.1% drop in earnings to $58.1 million for FY2019 ended 31 December, from $67.7 million a year ago due to the start-up costs it incurred from

Global Economy

Advanced economies' missing link

(Feb 21): As 2020 gets underway, employment in both Europe and the US is at a record high and still rising.


Healthcare and glove stocks march on as Wuhan virus continues spread, claims higher deaths

SINGAPORE (Jan 28): Glove manufacturers and healthcare stocks listed on the Singapore Exchange continued their ascent today as the spread of the coronavirus originating from Wuhan included more cou


Prudential Singapore rolls out cashless medical service at two private hospitals

SINGAPORE (Nov 5): Prudential Singapore has rolled out a service allowing its customers to receive cashless medical services when seeking treatment from participating specialists at Raffles Hospita

Be informed of the stories that matter