Posts by Yurie Miyazawa
ThaiBev to still dominate domestic alcohol market: analysts
High barriers to entry for small producers and entrepreneurs abound, including time needed to build up networks, maintain quality control THAILAND’S Lower House recently passed a Bill to promote liquor production by small distilleries and breweries, in a move designed to loosen the grip of the kingdom’s dominant liquor players. But market watchers believe that…
Read MoreTrump-induced uncertainty may be a blessing in disguise for investors in Singapore’s biggest Reits
Income-focused investors may prefer not being tapped for cash – and coping with the risk of their Reit subsequently trading underwater The manager of CapitaLand Integrated Commercial Trust (CICT) kicked off its 2024 financial results briefing last week by recounting its “value creation journey” during the past year. Notably, it provided a status update of…
Read MoreSony to offer PlayStation Plus users five-day extension after global outage
SONY said on Sunday (Feb 9) that all PlayStation Plus members would automatically receive an additional five days of service, after a global outage disrupted the PlayStation Network (PSN) for about 18 hours on Friday and Saturday. “Network services have fully recovered from an operational issue. We apologise for the inconvenience and thank the community…
Read MoreZheneng Jinjiang Environment guides for ‘significant increase’ in comprehensive income for H2
Anticipated rise attributed mainly to the absence of significant impairment losses that were recorded as at Dec 31, 2023 WASTE treatment group Zheneng Jinjiang Environment on Saturday (Feb 8) reported that it expects to record a “significant increase” in total comprehensive income for the second half of the year ended Dec 31, 2024, compared with…
Read MoreS-Reits, industrials lead institutional outflow
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the net outflow for the 2025 year to Feb 6, to S$697 million. Institutional flows The stocks that led the net institutional outflow over the five sessions included…
Read MoreBusiness Credit: Build It Before You Need It
Building business credit is like laying the groundwork for future success. It’s not just about getting a loan when you’re in a pinch. A solid business credit profile can open doors to better loan terms, insurance rates, and supplier deals. While setting up business credit can be straightforward, nurturing it into a strong asset takes…
Read MoreTesla shares post worst week since October as sales plunge
While Elon Musk has been generating headline after headline for his efforts to reshape the US federal workforce, the stock of his electric-car company just suffered its worst weekly performance since October. Tesla shares tumbled about 11 per cent this week, weighed down by shockingly bad sales reports from around the world. In Germany, sales…
Read MoreEurope: Shares end lower as trade war worries spike; automakers slide
European shares closed lower on Friday (Feb 7), with automakers among top decliners as investors grew skittish on worries of a global trade war escalating, while a bleak profit margin forecast from luxury carmaker Porsche further added to the unease. The pan-European Stoxx 600 index was down 0.4 per cent at 542.75 points, with the…
Read MoreProperty tycoon Gordon Tang and wife’s takeover bid of Suntec Reit lapses without fulfilling 50% threshold
PROPERTY tycoon Gordon Tang and his wife Celine have failed to take over Suntec Real Estate Investment Trust (Reit), as their shareholding fell short of the 50 per cent threshold as at the offer closing date. As at 5.30 pm on Friday (Feb 7), the total number of units owned, controlled, or agreed to be…
Read MoreMalaysia’s Petronas to ‘rightsize’ workforce to ensure survival: reports
MALAYSIA’S state energy firm Petronas will “rightsize” its workforce to ensure its long-term survival amid increasing challenges in the global operating environment, local media reported on Friday (Feb 7), citing the Petronas chief. “The rationale to do this is to ensure the survival of Petronas in the coming decades. If we don’t do it now,…
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