On Friday, amidst escalating global trade tensions, Singapore and the European Union (EU) signed the EU-Singapore Free Trade Agreement (FTA). In the agreement, Singapore agreed to axe all tariffs on EU products, including duty-free access for beer and stout imported from the EU, while the EU agreed to remove 84% of tariffs on Singapore products and the remaining 16% over the next 3 to 5 years. The move is expected to improve accessibility to European markets for Singaporean small and medium enterprises (SMEs), and is expected to translate into lower prices for local consumers in both markets. Closer to home, Singapore-based water-treatment company Hyflux received a $530 million lifeline from SM Investments, a consortium formed by Indonesian conglomerate Salim Group and energy titan Medco

Here are some of the most popular articles that have appeared on the Motley Fool Singapore’s website this week. 1 Timeless Investing Lesson from Singapore’s 15 Best-Performing Shares Over the Past Decade From September 2008 to September 2018, the Straits Times Index (SGX: ^STI) has gone up by around 22%. However, the 15 stocks featured in the article above have produced returns of more than… wait for it… 280%! How is that possible? What can we learn from their stellar performances? Jump into the article to get those questions answered. Fraser and Neave Limited Is Trading Close To Its 52-Week Low Price: Is It Cheap? Fraser and Neave Limited (SGX: F99), also known as F&N, is a consumer group involved in the food and beverage, publishing and printing industries. Yesterday, shares

Fraser and Neave Limited (SGX: F99), or F&N for short, is a consumer group with expertise in the food and beverage, publishing and printing sectors. At the current price of S$1.86 (at the time of writing), F&N’s shares are just two cents higher than the 52-week low price of S$1.84. This raises a question: Is F&N cheap now? This question is important because if the firm’s shares are cheap, it might be a good opportunity for investors. Unfortunately, there is no easy answer. However, we can still get some insight by comparing F&N’s current valuations with the market’s valuation. The three valuation metrics I will focus on are the price-to-book (PB) ratio, price-to-earnings (PE) ratio, and dividend yield. I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the m

Singapore’s stock market barometer, the Straits Times Index (SGX: ^STI), fell 2.3%, or 75.3 points, to 3,209.4. Of the 30 index components, 23 were in the negative territory while the remaining seven were in the positive region. Thai Beverage Public Company Limited (SGX: Y92) was the biggest loser of the lot, tumbling 10.4% to S$0.645. During the week, the beverage company announced its financial results for its fiscal third quarter. Thai Beverage’s revenue grew 34% year-on-year to THB 60.7 billion during the quarter, but its profit attributable to shareholders plunged 61% to THB 6.0 billion. The fall in the bottom line was due to lesser earnings from the spirits and beer businesses, higher net loss from the non-alcoholic beverages business, and drop in contributions from Fraser and N

Yesterday, Thai Beverage Public Company Limited (SGX: Y92) announced its financial results for the third quarter of the fiscal year ending 30 September 2018 (FY2018). As a quick introduction, Thai Beverage is a leading beverage company (of both the alcoholic and non-alcoholic varieties) in Southeast Asia and the largest of its kind in Thailand. The company also has a 28.5% stake in another Singapore-listed company, Fraser and Neave Limited (SGX: F99), which is a beverage producer and distributor with a long history. Thai Beverage is also one of the major shareholders of Frasers Property Ltd (SGX: TQ5) with a 28.4% stake. Financial highlights For the third quarter of FY2018, Thai Beverage’s revenue grew 34% year-on-year to THB 60.7 billion. The higher revenue was on the back of impro