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Top news this week (ending 30 May)
By Evergreen Investing  •  May 30, 2020
I’m trying to update more often so I’m exploring a regular newsletter which is relevant to the stocks in my portfolio. Let me know what you think! Here’s some of the key news this week which could be relevant for TripAdvisor and HRNet. Singapore’s SGD33 billion Fortitude budget: More than 40,000 jobs will be created as part of a SGD2 billion package to improve employment. The Jobs Support Scheme which co-funds between 25 and 75 per cent of the first SGD4,600 of monthly wages for locals will be extended by month. HRNet is involved in hiring permanent employees and the ongoing employment of temporary staffing should benefit. Link TCOM earnings/China travel recovery: Trip.com reported 1Q results with revenue down 42% year on year. Domestic travel is doing well though but international travel remains weak but is improving slowly after the 1 May public holiday. New reservations for domestic hotel and air-travel...
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By Evergreen Investing
I have been investing over the last 8 years and felt inspired to start this blog after getting many questions from friends and family about dividend investing. The Evergreen Investing blog aims to prove that a portfolio of SGX income stocks can generate decent annual returns through dividends and capital gains over a 5 year period ...
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