To The Moon

Lady Gaga is set to electrify Singapore with four exclusive "Mayhem Tour" concerts at the National Stadium on ​May 18, 19, 21, and 24, 2025, marking the ​only Asian stop of her global tour. Organized by ​KASM and Live Nation, the event is projected to draw ​over 200,000 attendees, with ​60% comprising international visitorsfrom markets like Japan, Australia, and Southeast Asia. This mirrors the "celebrity economy effect" seen during ​Taylor Swift’s 2023 Singapore concerts, where six sold-out shows injected ​S400million in economic impact, amplified by her ​Asia-exclusive status and stronger regional fan engagement.​Sector-Specific Projections​Hospitality & TourismHotels like ​Resorts World Sentosa and ​Mandarin Oriental are anticipated to hit ​98% occupancy during concert dates, replic

Analysts are optimistic about ST Engineering and have raised the stock's target price, citing the company's positive outlook and strong growth prospects.Previously, the company announced its five-year goals during an Investor Day on Tuesday (March 18). It aims to achieve S$17 billion in revenue over the next five years, with net profit growth exceeding revenue growth by up to five percentage points annually.Year-to-date, ST Engineering has been one of the top-performing blue-chip stocks. Its share price has surged, with a closing price increase of up to 41% this year.The stock price has also continuously set new yearly highs, such as breaking the S$5 mark on February 7 and surpassing the S$6 mark on March 4.On Thursday at 11:24 AM, ST Engineering's share price hit a historic intraday high

Market SnapshotSingapore stocks opened lower on Friday. STI fell 0.3%; NIO fell 5%; DBS fell 0.8%; OCBC fell 0.4%; Yangzijiang Shipbuilding rose 2%; SingPost rose 0.9%.Stocks to Watch$Prudential(K6S.SI)$: The company on Thursday announced a joint venture with India’s HCL Group’s promoter company Vama Sundari Investments (Delhi) to operate a standalone health insurance business. Prudential and Vama will have 70-30 stakes in the venture, which is subject to regulatory approvals. Prudential is eyeing growth in India, looking at opportunities to grow its life and health businesses, said chief executive officer Anil Wadhwani during an earnings call after the release of its 2024 financial year results on Thursday. Prudential reported a 2 per cent dip

Market observers noted that the Federal Reserve's decision to pause interest rate cuts has provided Asian markets with a "breather" and more certainty. In Singapore, banks and real estate investment trusts (REITs) are expected to be the "biggest winners" of stable interest rates, although sectors like shipping and industrial are unlikely to see growth without significant stimulus measures. Industry analysts stated that the pause in U.S. interest rates is unlikely to impact Singapore's corporate and sovereign bonds. On Wednesday, March 19, the Federal Reserve once again paused rate cuts, with policymakers voting to maintain the key lending rate between 4.25% and 4.5%. The Fed highlighted that economic uncertainty has increased due to Donald Trump's stop-and-go tariff measures, which have un

Market SnapshotSingapore stocks opened higher on Thursday. STI rose 0.1%; Thomson Medica rose 2%; Sembcorp Industries and CapitaLandInvest rose 0.8%. Stocks to Watch$Sembcorp Industries(U96.SI)$: Units of Sembcorp Industries and state-owned utilities company Sarawak Energy have tied up with Prysmian for a hydropower project that could supply Singapore with 1 gigawatt (GW) of green electricity from the Malaysian state, Sembcorp said on Wednesday (Mar 19). Prysmian is an Italian subsea cable maker that produces high-voltage submarine and underground cable systems. The deal also involves technical partner SP PowerInterconnect, a subsidiary of Singapore’s state-owned utilities company SP Group. The potential import of an estimated 1 GW of green elec

Bloomberg Intelligence analysts suggest that $SIA(C6L.SI)$ could see a first-quarter boost from Lady Gaga’s upcoming solo concert in Singapore, the only Asian stop on her "Mayhem Tour." Scheduled for May, the event is expected to drive tourism and enhance the national carrier’s revenue and earnings for the quarter ending March 2026.Analysts George Ferguson and Eric Zhu noted on Monday, March 17, that large-scale events historically stimulate inbound tourism demand in Singapore. They described such events as providing a "holiday-like boost" to the tourism sector. "Lady Gaga’s concerts, set for May 18-24 in Singapore, could significantly impact inbound tourism demand, comparable to a holiday," they said.This phenomenon, often referred to as the "T

Diversified Real Estate Investment Trusts (REITs) represent the largest segment of Singapore's Reit market, with more than a quarter of active trading counters holding a mix of assets across various sub-sectors.Ten Singapore-listed Reits (S-Reits) have adopted a diversification strategy, investing in different market segments including industrial, retail, office, and hospitality assets. This provides Reit managers with greater flexibility to build resilient portfolios with growth opportunities. Such diversification may also appeal to investors seeking broader exposure across industries to mitigate potential slowdowns in any single sector.Year-to-date, the largest diversified S-Reits in the Singapore market have outperformed. As of March 13, three such Reits in the Straits Times Index (STI)

Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.5%; UOB rose 1.5%; Xioami SDR rose 1.2%; DBS rose 1%; OCBC rose 0.6%; SIA rose 0.5%.Stocks to Watch$ST Engineering(S63.SI)$: The group is targeting S$17 billion in revenue and improved profit margin that outpaces its top-line increases by up to five percentage points annually over the next five years, said group chief executive officer Vincent Chong at the company’s investor day on Tuesday. ST Engineering expects to reap S$6 billion in revenue from its commercial aerospace segment, more than S$7.5 billion from defence and public security, and S$3.2 billion from its urban solutions and satcom unit by 2029. Its shares closed on Tuesday at S$6.38, up 1 per cent or S$0.06.

$SATS LTD.(S58.SI)$ signed a Memorandum of Understanding (MOU) with Vietnam Airlines on Thursday (March 13) to build and operate an air cargo terminal at Vietnam's new Long Thanh International Airport.SATS stated on Friday that the collaboration aims to expand the cargo handling capacity of the state-owned airline.It also seeks to deepen the existing partnership between the two parties in ground and cargo handling services across Vietnam Airlines' international network.This will include joint efforts to develop air freight and logistics solutions, such as trucking and mid-mile services.The ground handling company said both parties will also share best practices, productivity metrics, and technologies to enhance operational efficiency and service

UOB has announced the grant of 2,470,100 restricted shares under its stock plan, effective from March 15, 2025. These shares, subject to time-based restrictions before vesting, are part of UOB's strategy to incentivize and retain key personnel, potentially impacting the company's operational dynamics and stakeholder interests. $(U11.SI)$