Analysts from CGS-CIMB Research and Citi Research are keeping “add” and “buy” on Sembcorp Industries after the company announced, on Jan 4, that it had inked a 12-year long-term power purchase agreement (PPA) with Andhra Pradesh’s state DISCOM for its Plant 2. The PPA was entered into by S...

In its 2022 outlook strategy report dated Jan 6, PhillipCapital’s head of research Paul Chew has listed four themes he expects to see during the year. These are: inflation peaking and the easing of supply chain constraints; vaccines to bend mortality [rates]; modestly higher interest rates and a r...

The triple shock of the pandemic, disruptive tech and climate change is pushing Singapore to rewrite one of the world’s most successful economic models. Over the past two years, at least eight state-linked companies have announced major mergers, acquisitions, asset disposals or privatizations in t...

2021 was a stand-out year for the Singapore corporate bond market. Issuances hit a nine-year high with total issuances of $25.3 billion on the back of a stronger macroeconomic outlook and deep liquidity in the market. It is understandable that most companies have yet to recover their pre-pandemic pr...

Sembcorp Industries (Sembcorp), through its wholly-owned subsidiary Sembcorp Energy India, has signed a long term power purchase agreement (PPA) to supply 625 megawatts (MW) of power to Andhra Pradesh state power distribution companies for 12 years. The power supply, which is generated from Semcorp ...

SEMBCORP Energy India, a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), has signed a long-term power purchase agreement (PPA) to supply 625 megawatts of power to power distribution companies in Andhra Pradesh in India.

In 2022, DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong estimate that Singapore’s gross domestic product (GDP) will grow to 3.5%. Inflation during the year may average around 2.4%, predict the analysts in a Jan 3 report. “2022 is the year where investors juggle between...

Sembcorp Energy UK (SEUK) – a wholly-owned subsidiary of Sembcorp Industries - is looking to construct a 360 MegaWatt battery at its site in Wilton International in the Northern England region of Teeside. The development seeks to further support the UK’s Net Zero targets by ensuring the resilien...

SEMBCORP Industries' wholly owned subsidiary in the United Kingdom, Sembcorp Energy UK (SEUK), intends to construct Europe's largest energy storage system - a 360 MW battery - at its Wilton International industrial site.

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 ...