The Singapore research team at RHB Group Research is optimistic that a better year ahead is in store for Genting Singapore. The team has maintained their “buy” call for the counter with an unchanged target price of 90 cents. “Genting Singapore should see a better year ahead as we expect the ...

RHB Group Research analyst Shekhar Jaiswal has a sanguine outlook for Singapore equities in 2022, despite uncertainties caused by the emergence of the Omicron variant. “While the emergence of the Omicron variant will create volatility, we believe Singapore offers opportunities to accumulate stocks...

Analysts are maintaining bullish end-2022 targets, even as the Omicron variant is the latest hurdle to the market’s eventful recovery journey. Meanwhile, will the much-heralded Spac framework carry the IPO momentum forward? Singapore may have seen multiple months of lockdowns and fewer IPOs in 202...

The benchmark Straits Times Index (STI) is expected to reach 3,500 points by the end of 2022, according to UOB Kay Hian analyst Adrian Loh and the Singapore research team. Loh’s estimate implies a 13% upside from the STI’s current levels It also underlines his underlying bullishness or the year ...

Black Friday struck twice this year. It is normally used to describe the start of the Christmas shopping season. Black Friday is the day after Thanksgiving, when shops offer steep discounts. In Singapore, people queue for hours outside shopping malls to get bargains. This year, there was a second Bl...

Peace and quiet can be elusive in the city. Some seek out these precious moments in parks, others pay good money to find them overseas. But stillness can be distressing for tourist attractions, like how Resorts World Sentosa’s (RWS) 49 hectares of hotels, theme parks and casino fell silent last ye...

Watch out for Omicron, as the new Covid-19 variant is set to exert short-term pressure on reopening names in travel and hospitality, along with office and retail segments, say DBS Group Research analysts Paul Yong and Yeo Kee Yan. “In the short-term, we can expect news flow on travel restrictions ...

The aviation sector was arguably among the worst-hit sectors in the Covid-19 pandemic. Flag carrier Singapore Airlines (SIA), regularly voted as one of the best airlines in the world, was not spared either. Following a series of evacuation flights to bring back students studying overseas and other s...

DBS Group Research analysts Jason Sum, Paul Yong and Suvro Sarkar say that Singapore’s inbound tourism may remain soft until domestic health protocols are loosened, where pent-up travel demand will drive outbound tourism thereafter. Hence, the analysts anticipate more upside for travel-related sto...

Genting Singapore is anticipating the return of international visitors, as 3QFY2021 results were affected by the rise in Covid-19 cases here. In a Nov 10 note, RHB Group Research is maintaining “buy” on Genting Singapore, with a lowered target price of 90 cents from 92 cents previously. “3QF...