iflix shifts to using Google Open Bidding service for advertising
Southeast Asian streaming service iflix said Tuesday it switched to Google’s Open Bidding service for advertising in Malaysia, Indonesia and the Philippines.
Indonesia
UPDATE: Singapore stocks to watch Tuesday: Keppel REIT, ComfortDelGro, BreadTalk, Hyflux, First REIT, GENS
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
UPDATE: ThaiBev associate F&N’s Myanmar brewery to produce Chang Lager Beer
Fraser and Neave said Wednesday production of Chang Lager Beer was beginning at its Emerald Brewery Myanmar after an around US$70 million investment.
UPDATE: Singapore stocks to watch Wednesday: ThaiBev, Keppel, Sembcorp, Perennial, Cromwell REIT
These are Singapore companies which may be in focus on Wednesday, 25 September 2019: Thai Beverage, Keppel, Sembcorp Industries and Jardine C&C.
Anwar Ibrahim: Toxic haze from Indonesia’s forest fires is ‘ecological warfare’
Anwar Ibrahim, Malaysia’s heir-apparent to become prime minister, said the companies behind deadly forest fires in Indonesia must be held to account.
UPDATE: Singapore stocks to watch Monday: Keppel Pacific Oak, Frasers Centrepoint, Sembcorp, TEE
These are Singapore companies which may be in focus on Monday, 9 Sept 2019: Keppel Pacific Oak US REIT, Frasers Centrepoint Trust, Sembcorp and Singtel.
UOB Asset Management completes acquisition of PGAM stake
UOB Asset Management said Wednesday it completed the acquisition of a 75% stake in Indonesia-based PGAM, expanding its regional network an eighth Asian market.
Singapore share buybacks Monday: Yangzijiang, SPH, HRnetGroup, Japfa, Stamford Land
Singapore companies which announced share buybacks on Monday, 2 September 2019: Yangzijiang, SPH, Stamford Land, Japfa and HRnetGroup.
Fraser and Neave boosts investment in Emerald Brewery Myanmar
Fraser and Neave said Thursday its wholly owned subsidiary F&N Investments (F&NI) subscribed for 5.2M new shares of Emerald Brewery Myanmar at US$1 each.
UPDATE: Singapore stocks to watch Thursday: Keppel, Soilbuild REIT, Creative Tech, OCBC, Singtel
These are Singapore companies which may be in focus on Thursday, 22 August 2019: Keppel, Soilbuild REIT, OCBC, Singtel, Yangzijiang and Creative Technology.
UPDATE: OCBC in talks with Singtel on virtual bank licenses: Bloomberg
OCBC is in talks with Singtel and others about seeking one of Singapore’s planned virtual banking licenses, Bloomberg reported Wednesday, citing sources.
Singtel prices US$750 million 10-year notes amid strong demand
Singtel said Wednesday its wholly owned subsidiary Singtel Group Treasury (SGT) has priced US$750 million of 10-year USD-denominated notes at 2.375 percent.
Moody’s rates Singtel’s proposed US dollar notes at A1, with negative outlook
Moody’s said Tuesday it assigned Singtel Group Treasury’s (SGT) proposed 10-year U.S.dollar benchmark notes an A1 rating with a negative outlook.
UPDATE: Singapore stocks to watch Friday: SIA, Frasers Property, Jardine C&C, CRCT, Cromwell European REIT
These are Singapore companies which may be in focus on Friday, 16 August 2019: Singapore Airlines, Frasers Property, Jardine Cycle & Carriage and CRCT.
Golden Agri reports 2Q19 net loss widens as palm oil prices fall
Golden Agri reported Wednesday its 2Q19 net loss widened to US$64.70M, from a net loss of US$39.02M in the year-ago quarter as palm oil prices dropped.
UPDATE: Singtel posts fiscal 1Q net profit dropped 35 percent, partly on Airtel losses
Singtel posted Thursday its fiscal 1Q net profit dropped 34.9% on-year to S$541 million on losses from Airtel and higher depreciation and amortization.
Fraser and Neave reports fiscal 3Q net profit increased 9 percent on soft drink boost
Fraser and Neave reported Wednesday its fiscal third quarter net profit increased 9 percent on-year to S$54.83 million on higher soft drink and dairy sales.
Koufu posts 2Q19 net profit climbed 16 percent after Marina Bay Sands food court reopening
Koufu reported Wednesday 2Q19 net profit increased 16.2% on-year on stronger contributions from both the outlet and mall management and F&B retail segments.
Singapore share buybacks Monday: Japfa, Stamford Land, Singapore Shipping
These are Singapore companies which announced share buybacks on Monday, 5 August 2019: Japfa, Stamford Land and Singapore Shipping.
First REIT reports 2Q19 net property income slipped
First REIT reported Monday its 2Q19 net property income slipped 0.6% on-year, mainly on higher expenses for the South Korea and Indonesia properties.
Jardine Matheson, Jardine Strategic 1H19 underlying profits slip on weaker car market
Jardine Matheson and Jardine Strategic both reported Friday slightly weaker underlying net profit for the first half, citing a weaker Indonesian car market.
Jardine C&C reports 1H19 net profit more than doubled
Jardine C&C reported Friday its first half net profit jumped 147 percent on-year to US$427 million on net non-trading gains.
Kencana Agri warns it expects to report 2Q19 net loss
Kencana Agri warned Friday it expects to report a second quarter net loss, mainly on low crude palm oil prices.
LMIR Trust reports 2Q19 net property income rose 2 percent amid positive rental reversions
Lippo Malls Indonesia Retail Trust reported Thursday its 2Q19 net property income rose 1.9% on-year to S$43.97M on cost-management initiatives and positive rental reversions.
Singapore share buybacks Wednesday: SPH, Keppel REIT, Boustead, Japfa, Singapore Shipping
These are Singapore companies which announced share buybacks on Wednesday, 31 July 2019: SPH, Keppel REIT, Boustead Singapore and Japfa.
S&P Global revises Singtel and Singtel Optus outlooks to negative
S&P Global Ratings revised Wednesday. the ratings outlook for Singapore Telecommunications and Singtel Optus to negative, citing deteriorating debt metrics.
Global Palm Resources warns it expects 2Q19 net loss
Global Palm Resources warned Wednesday it expects to report a net loss for 2Q19, mainly on a drop in the sales volume and prices of crude palm oil.
UPDATE: Singapore stocks to watch Wednesday: CRCT, Frasers Hospitality Trust, CapitaLand, Starhill Global REIT
These are Singapore companies which may be in focus on Wednesday, 31 July 2019: CRCT, Frasers Hospitality Trust, CapitaLand, Starhill Global REIT and F&N.
Indofood Agri reports 2Q19 net loss widened as palm oil prices fell
Indofood Agri reported Wednesday its 2Q19 net loss widened to IDR216.54B from IDR68.60B in the year-ago period on lower selling prices for palm products.
DBS Bank Indonesia inks sustainability-tied loan with Indonesian wooden door maker
DBS Bank Indonesia said Wednesday it signed a sustainability-linked export financing loan with PT Sumatera Timberindo Industry (STI), a wooden-door maker.
Bumitama Agri issues 700 million ringgit Islamic medium term notes
Bumitama Agri has issued 700 million ringgit of Islamic medium-term notes (IMTN) in two tranches, the palm oil producer said in a filing to SGX Monday.
Singapore share buybacks Friday: Venture, Olam, Straits Trading, Global Palm
These are Singapore companies which announced share buybacks on Friday, 12 July 2019: Venture, Olam, Straits Trading and Global Palm Resources.
Jardine C&C taps new managing director as Newbigging tapped to lead JIM
Jardine Cycle & Carriage said Wednesday Alex Newbigging will step down as group managing director, to become CEO of Jardine International Motors (JIM).
UPDATE: Singapore stocks to watch Monday: ThaiBev, Singtel, CapitaLand, Frasers Hospitality, Sunpower
These are Singapore companies which may be in focus on Monday, 8 July 2019: ThaiBev, Singtel, CapitaLand, Frasers Hospitality Trust and Sunpower.
Singapore share buybacks Friday: Olam, Global Palm, KSH, Singapore Shipping
These are Singapore companies which announced share buybacks on Friday, 5 July 2019: Olam International, Global Palm Resources and KSH Holdings.
Koufu enters joint venture to expand Suptertea and R&B Tea brands into Indonesia
Koufu’s subsidiary Super Tea (S) has entered a JV to expand the Supertea and R&B Tea brands into Indonesia, the food court operator said Thursday.
Singapore stocks to watch Thursday: Olam, F&N, Soilbuild REIT, Chip Eng Seng
These are Singapore companies which may be in focus on Thursday, 3 July 2019: Olam International, F&N, Soilbuild REIT and Chip Eng Seng.
Sunpower connects Indonesia coal-fired plant to grid
The Kendari-3 2 X 50 megawatt coal-fired power plant designed by a Sunpower subsidiary was successfully connected to the Indonesia’s grid, Sunpower said Tuesday.
UPDATE: Singapore stocks to watch Tuesday: CapitaLand, Thakral, Raffles United, OUE Lippo Healthcare
These are Singapore companies which may be in focus on Tuesday, 2 July 2019: CapitaLand, Thakral, Raffles United and OUE Lippo Healthcare.
UPDATE: Singapore stocks to watch Monday: Banks, CapitaLand, Temasek, Keppel, SIA, Suntec REIT
These are Singapore companies that may be in focus on Monday, 1 July 2019: Banks, Temasek, Singapore Airlines and Hyflux.