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Author: traderhub8   |   Latest post: Mon, 9 Dec 2019, 10:20 AM

 

Phillip Capital Morning Note - 22/4/2019

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Following Dyson's plans late last year to manufacture its first electric car in Singapore, the city-state is now in talks with other makers of green vehicles to set up shop on the island.

Japan's Toyota Motor Corp said on Sunday it was setting up a research institute in Beijing in partnership with Tsinghua University to study car technology using hydrogen power and other green technologies that could ease environmental problems in China.

President Donald Trump's decision to impose tariffs on imported washing machines has had an odd effect: It raised prices on washing machines, as expected, but also drove up the cost of clothes dryers, which rose by US$92 last year.

SABANA Shari’ah Compliant Industrial Reit's  (Sabana Reit) distribution per unit (DPU) for the first quarter eased to 0.75 Singapore cent per unit from 0.88 cent a year ago.

SATELLITE communications equipment provider Global Invacom Group (GInva) and vendor, Tactilis Pte Limited, have decided to mutually terminate GInva’s proposed acquisition of Tactilis Sdn Bhd.

Financial markets in Australia, Hong Kong and Wellington are closed on Monday for a public holiday.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR

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