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...
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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;...
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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...
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Singapore - Growing Headwinds
Advance 3Q GDP estimates disappointed on the downside. On the upside the Monetary Authority of Singapore (MAS) did deliver, reducing, in line with...
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Singapore Residential - Property Market Outlook - Green Shoots Emerging (Part 2 of 4)
In Part 2 of our 4 part series we address the outlook for the rental market for private residential: The URA’s rental price index for private homes...
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