Brokers’ take: Lim & Tan Securities initiates coverage on Delfi with ‘buy’
LIM & Tan Securities has initiated “buy” on Delfi with a target price of S$1.20, on the confectionary company’s attractive valuations and strong net cash position.
Budget 2023: More progressive tax changes to help fund social support
HIGHER top-end taxes for properties and cars were among progressive moves in a Budget that focused on strengthening the social compact and bolstering national resilience in a post-Covid era.
Brokers’ take: DBS Q4 results draw mixed reactions from analysts
DBS’ recent earnings for the fourth quarter ended Dec 31, 2022, have drawn mixed reactions from brokerages, despite the bank posting record Q4 profits.
Singapore eyes chips investments amid US-China tension
SINGAPORE will be looking to win its “fair share” of investments in semiconductor assembly and integrated circuit design, a top official said, amid a growing geopolitical divide between the US…