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Phillip Capital Morning Note

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Publish date: Thu, 30 Aug 2018, 09:47 AM
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Donald Trump warned that he could begin joint military exercises with South Korea and Japan that will be “far bigger than ever” if progress stalls on North Korea Nuclear talks.

ASEAN services providers will gain greater market access and exporters will enjoy more convenience under two agreements signed at the 50th Asean Economic Ministers Meeting on Wednesday evening.

General Mortors' plans to ramp up electric-vehicle production in China were set back after the auto maker determined the Chinese-made batteries it intended to use failed to meet its own performance and safety standards during testing.

Lian Beng Group has secured a contract worth about S$65 million to construct a building starting Sept 10 through its wholly-owned unit, Deenn Engineering, it said on Wednesday evening in a Singapore Exchange filing. This brings the construction order book for Lian Beng to S$1.29 billion as at Aug 29, 2018.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research

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