Singapore Budgets for a Return to Normalcy Outside the Key Travel-Related Sectors
Despite an 8.8% YoY increase in total spending, the fiscal impulse will be contractionary in FY2021. Real GDP will grow 6%, but stay Underweight,...
194 Views
HK-Singapore - Our Money Is On HK
Expectations are that Hong Kong will expand by 4.2% and Singapore by 5% next year. Our out-of-consensus prediction is that economic activity in...
409 Views
The Week that Was in ASEAN@Smartkarma - Thailand's COVID, a Global Indofood, and a +ve for DBS
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
276 Views
2Q 2020 Advance Estimate Will Be Revised Up, Just as 1Q Was; Recovery Ahead
The Advance Estimate of 1Q 2020 real GDP suggested a contraction of -2.2% YoY, but this has since been revised up to -0.3% YoY, after manufacturing...
362 Views
Singapore's Twin Surpluses: How Much Is Too Much?
Singapore is the only country in the world to have run a current account surplus exceeding 11% of GDP consistently for each of the past 26 years;...
674 Views