OCBC Treasury Research and Strategy

Singapore economy

Analysts expect to see 'challenging' core inflation in 2023, further tightening cannot be 'ruled out'

All the analysts have kept their 2023 CPI forecasts unchanged.
The fight against food protectionism - THE EDGE SINGAPORE

Global Economy

The fight against food protectionism

By banning chicken exports, Malaysia joins a growing list of countries imposing protectionist measures. What can Singapore do?

Bonds and treasuries

Visiting bond markets in 2021 before night markets in 2022 (we hope)

An overview of key developments for a few local currency markets that can hopefully provide insight on what can happen in 2022.
Air link reopening with Singapore poised to benefit Malaysia’s tourism, trade and FDI: OCBC - THE EDGE SINGAPORE

Covid-19

Air link reopening with Singapore poised to benefit Malaysia’s tourism, trade and FDI: OCBC

The sector tourism sector will especially benefit from the reopening as tourists from China stay grounded.

Singapore economy

1Q2021 GDP growth a 'pleasant surprise', but further uncertainties abound

Given the growing uncertainty, economists are largely keeping their full-year 2021 forecasts intact for now.
Singapore's 1Q21 GDP 'pleasant surprise'; economists mostly keep 2021 GDP growth forecast between 5.5% to 8% - THE EDGE SINGAPORE

Singapore economy

Singapore's 1Q21 GDP 'pleasant surprise'; economists mostly keep 2021 GDP growth forecast between 5.5% to 8%

Economics professor Jamus Lim says he is "quietly optimistic that" FY2021 GDP will fall on the upper end of the 4-6% range.

Broker's Calls

OCBC calls ‘buy’ on Yanlord despite poor 1H20 results

Yanlord is an established presence in 16 key high-growth cities within the six major economic regions of the PRC.

Broker's Calls

Staycations provide crucial life support for ASEAN tourism

"“If all the tourist-spot references have rekindled your itch to travel once again, it is proof that the industry will come back – one fine day." - Wellian Wiranto, OCBC

Singapore economy

Market watchers roll back 2020 GDP forecasts as virus spread intensifies

As a result of the virus, Maybank Kim Eng has revised its 2020 GDP growth forecast to 1.1% from the previous 1.8% , while OCBC has widened its 1-2% GDP growth forecast to 0-2%.

Broker's Calls

Why Wilmar is likely to weather the season of lacklustre CPO prices: OCBC

SINGAPORE (Mar 8): OCBC is highlighting Wilmar International as its top “buy” pick at a fair value estimate of $3.51 for its lower likelihood of being impacted by India’s recent import tax hike on crude palm oil (CPO), given its diversified business
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