A Real Electoral Contest in Singapore, Albeit Limited by Lack of Physical Campaigning
Although the absence of physical rallies will hurt the Opposition's chances, easing the CPF rules (including paying higher interest rates on CPF)...
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Manufacturing Surge Is Tempering the Magnitude of Recession
We are revising up our forecast of Singapore's real GDP growth in 2020, to +1.5% (from -1% previously) because of the remarkable resilience of...
132 Views
Singapore Responds to Recession with a Massive Fiscal & Mild Monetary Stimulus
While a recession is inevitable in 1H 2020, the massive "Resilience Package" worth 11% of GDP will kick-start a strong economic recovery in 2H...
366 Views
China's Export Disruption Is Causing Re-Shoring of Exports to TW, VN, PH, ID
China's industrial output declined 13.5% YoY in January-February 2020, retail sales declined by 20.5% YoY, and fixed asset investment (FAI)...
334 Views
Hong Kong - Fallout
We are underweight Hong Kong in our relative regional portfolio this year. The 2019 political crisis was exacting a heavy price on the economy and...
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