Good morning mooers! Here are things you need to know about today's market:
●The Market was Mixed Wednesday, With Tech Holding Its Breath. Nvidia Forward Guidance Was Not Perfect
●Amir Hamzah Announces Malaysia’s Strategy To Synchronize the Real Economy With the Capital Market To Foster Inclusive Growth
● Petronas Chemicals Reports First-Ever Quarterly Loss of RM789 Million Since Listing
● ...

Telecommunications giant Singtel will release its earnings for FY2025 Q2 (period ending 2024-09-30) on 2024-11-13. Despite experiencing a brief pullback in mid-September, this telecommunications giant has surged over 30% year-to-date.
According to Moomoo, market expectations for the second quarter ended 30 September of the company are as follows:
● The company is projected to achieve a revenue of S$63.58 billion, representing a year-...

Maybe they need to shove debt into their balance sheet and dividends will be reduced

Global communication indices have outperformed broader global benchmarks this year, with Singapore telecommunications stocks standing out: Singtel and AIS TH SDR have surged by 33.84% and 48.68% respectively, while NetLink and StarHub have each risen by over 10%.
The telecommunications industry has been actively implementing and expanding strategic transformation plans in recent years, including Singtel28, StarHub's Dare+...

Supply chain resilience, cost competitiveness, and talent shortage pose three challenges for the grand plan of semiconductors.
(Kuala Lumpur, 22nd news) Our country actively enhances the local semiconductor value chain. However, research by CIMB Investment Bank points out that implementing the National Semiconductor Strategy (NSS) faces three major challenges: supply chain resilience, cost competitiveness, and talent shortage.
In its latest report, CIMB Investment Bank research points out that NSS mainly faces challenges in supply chain resilience, ensuring cost competitiveness, and how to acquire talent.
To address the talent shortage issue, initiatives such as Collaborative Research in Engineering, Science, and Technology (CREST) have been introduced to more effectively allocate resources through partnerships with higher education institutions.
In addition, the industry also needs attractive measures to attract talents to enter the industry, thereby ensuring the necessary labor force for growth.
CIMB Investment Bank recently held an industry series of activities, where industry professionals discussed the opportunities and challenges of driving the development of the semiconductor industry in Malaysia through NSS.
The Institute of Strategic and International Studies Malaysia (ISIS) believes that to enhance our country's semiconductor value chain, bridging the research and development gap, pooling research institution resources, and focusing on talent development are crucial.
"In the global technology competition and export control, reshaping the semiconductor value chain is quite important."
Cultivate local leading enterprises
In the group discussion of the above activities, it was mentioned that NSS is different from early strategies, no longer focusing solely on foreign direct investment (FDI), but paying more attention to cultivating local leading enterprises to make them stand out in global competition, reflecting a more...