Oxford Economics

Singapore economy

Analysts mostly keep NODX forecast after May numbers

Singapore’s NODX dipped by 0.1% in May, marking the mildest decline in 20 months.
Port of Singapore

Singapore economy

Singapore’s 2023 NODX on track to see worst performance since 2001

Analysts from OCBC and UOB expect Singapore's full-year NODX to come in at -12.5% and -12.6% respectively.

Sustainability

On sustainability matters, Singapore businesses still respond best to strict regulations: SAP

On the flipside, too much focus on compliance is the second-biggest sustainability challenge for businesses in the region.
Growth, customer experience top priorities for Asean enterprises: SAP, Oxford Economics - THE EDGE SINGAPORE

Asean

Growth, customer experience top priorities for Asean enterprises: SAP, Oxford Economics

35% of enterprises surveyed say service excellence is now their primary source of value and differentiation.
Analysts upbeat on Singapore recovery, while predicting a slowdown in growth momentum in 4Q - THE EDGE SINGAPORE

Broker's Calls

Analysts upbeat on Singapore recovery, while predicting a slowdown in growth momentum in 4Q

The economists have mainly maintained their GDP forecasts for the FY2020 and FY2021.
Biden will not rock Asia’s boat, says Oxford Economics economist - THE EDGE SINGAPORE

Broker's Calls

Biden will not rock Asia’s boat, says Oxford Economics economist

A less erratic and confrontational foreign policy could provide a positive tailwind to Asian economic recovery and currencies.
Joe Biden secures over 270 electoral votes; becomes US's 46th President - THE EDGE SINGAPORE

US Presidential Race

Joe Biden secures over 270 electoral votes; becomes US's 46th President

On his election, Biden says he is “honoured”, and that he will be “a President for all Americans”.

Commerce

Growing digital economy lifts trade in services but common ground yet to be reached

Services accounted for 55% of all global trade flows with a value of US$13.7 trillion of cross-border transactions in 2019.

Global Economy

Slowdown in global GDP growth expected to extend to 2Q2021: Oxford Economics

The global economic slump is likely to extend till 2Q2021 as lockdowns continue.

Disruption and Digitalisation

APAC SMEs well-positioned to adapt to remote working environment: SAP, Oxford Economics

61% of APAC SMEs surveyed created remote work set-ups for employees during this period, while 69% invested in IT and collaboration solutions to support remote access, as well as online learning.
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