The Business Times
Chloe Lim

Chloe Lim

JOURNALIST

Chloe Lim is a breaking news reporter at The Business Times. She previously worked at The Edge Singapore.

emailchloeljh@sph.com.sg
Singtel says the disruption was due to an "international traffic optimisation issue" that was "resolved within 15 minutes".

Singtel says network ‘operating as expected’ after latest Internet service disruption

This follows three consecutive days of issues last week

Rising sector competition was one of the reasons behind DBS Group Research analyst Sachin Mitall noting how there are still downside risks of 5 to 6 per cent to Singtel's FY2027 consensus estimates.
BROKER’S TAKE

DBS downgrades Singtel to ‘hold’ on weaker valuation of Bharti Airtel

Its analyst lowers his target price on the counter to S$5.36

RHB analysts said that Hongkong Land's move to acquire a stake in Suntec Reit could potentially result in the Reit selling its stake in MBFC Tower 1 and 2, and One Raffles Quay, to the property devloper’s private funds at a premium.
BROKERS’ TAKE

RHB keeps ‘buy’ on Suntec Reit following Hongkong Land’s acquisition of 10.8% stake

It has an unchanged target price of S$1.67

UOB on Thursday said it grew its sustainable financing portfolio 21% to S$70.1 billion in 2025.

Stocks to watch: UOB, Singtel, Hongkong Land, Suntec Reit, Rex International

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 20):

The facility entailed a two-year 450 million euro revolving credit tranche, with a lenders’ extension option of one year, in addition to a three-year 650 million euro term loan tranche.

Olam unit bags 1.1 billion euro dual-tranche loan facility

Proceeds will be used for refinancing ofi’s existing loans and general corporate purposes

As part of the contract, Marco Polo Marine unit PKRO will provide dedicated emergency towing and salvage services within Taiwan’s territorial waters and the surrounding offshore wind farm areas.

Marco Polo Marine unit wins NT$2.9 billion 15-year government charter contract in Taiwan

It involves the charter of one emergency tug boat or salvage vessel

ST Engineering, Addvalue Tech to benefit from higher defence spending: Maybank
BROKERS’ TAKE

ST Engineering, Addvalue Tech to benefit from higher defence spending: Maybank

Addvalue is also a ‘rare Asian space/drone play in rapid growth mode’, say analysts

In February, Singapore Airlines Group recorded a passenger traffic of 12.3 billion revenue passenger-kilometre for its two carriers.

Stocks to watch: Singapore Airlines, Singtel, Yangzijiang Shipbuilding

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Mar 17):

US Treasury yields have widened relative to the swap curve since the US and Israel commenced strikes on Iran on Feb 28.

Is the fixed-income market ripe for yield-hunting amid volatility? Here’s where to look, according to analysts

Short-duration bonds are preferred to their long-duration counterparts in periods of volatility

Located in Waddinxveen, The Netherlands, the property was purchased off-market at an 8 per cent discount to the JLL independent valuation.

Stocks to watch: Stoneweg Trust, Acrophyte Hospitality Trust, OUE Healthcare

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Mar 16): 

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