We hope that Team DBS helped you over the last year.
Please recognise our efforts by voting for our Research teams in the Asiamoney 2021 poll.

	Asiamoney 2019 Awards #3 Telecommunication Services Research #3 Software & Internet Services Research
	Sachin Mittal Team lead Software & Internet Services #2 in 2019 Asiamoney Poll
	Ling Lee Keng Technology hardware and equipment
	Wei Le Chung Technology hardware and equipment

		First to cut Netlink NBN Trust to HOLD in May 2020, near its peak of S$1.00 highlighting how low-interest rates are like double-edge sword. First to cut telecom sector earnings in March 2020 due to large reliance on roaming and foreign workers in Singapore.

Please refer to the Disclaimers & Important Notice found here.
If you have any comments on this EDM, you can contact DBS Asian Insights Office here