Singapore economy

Economists raise Singapore 2021 GDP forecasts to at least 6.5% despite 2Q21 flash estimates missing consensus - THE EDGE SINGAPORE

Singapore economy

Economists raise Singapore 2021 GDP forecasts to at least 6.5% despite 2Q21 flash estimates missing consensus

Singapore’s GDP grew 14.3% y-o-y in the 1Q21, compared to consensus estimates of 14.8%.
Singapore’s GDP expands 14.3% y-o-y in 2Q2021 - THE EDGE SINGAPORE

Singapore economy

Singapore’s GDP expands 14.3% y-o-y in 2Q2021

On a q-o-q seasonally-adjusted basis, the Singapore economy contracted by 2% in 2Q2021.
Can Singapore survive a global minimum tax? - THE EDGE SINGAPORE

Singapore economy

Can Singapore survive a global minimum tax?

Yes, though investments will likely become more difficult to attract and retain.
CGS-CIMB keeps end-2021 STI target at 3,488 points in June wrap-up - THE EDGE SINGAPORE

Singapore economy

CGS-CIMB keeps end-2021 STI target at 3,488 points in June wrap-up

The analysts have included Yangzijiang, SPH, Keppel Corp, Grand Venture Tech, UOB and CDG among their top picks.
Singapore's manufacturing output up by 30% y-o-y in May on low base in 2020, exceeding analysts' expectations - THE EDGE SINGAPORE

Singapore economy

Singapore's manufacturing output up by 30% y-o-y in May on low base in 2020, exceeding analysts' expectations

Analysts have also upgraded their manufacturing output estimates for the full-year 2021.
Singapore’s inflation levels continue upward trend in May - THE EDGE SINGAPORE

Singapore economy

Singapore’s inflation levels continue upward trend in May

Singapore's headline inflation grew 2.4% y-o-y in May.
RHB remains optimistic on equities amid economy reopening - THE EDGE SINGAPORE

Singapore economy

RHB remains optimistic on equities amid economy reopening

The STI closed 26.29 points lower or 0.8% down at 3,117.87 on June 21.
Business sentiment remains cautiously optimistic for 3Q2021: SCCB - THE EDGE SINGAPORE

Singapore economy

Business sentiment remains cautiously optimistic for 3Q2021: SCCB

The outlook for the financial, manufacturing and wholesale sectors remained upbeat.

Singapore economy

Credit Suisse deems Singapore markets as 'attractive', with top picks being UOB, CDG, SATS, Sembcorp and Sea

This is based on the market’s price-to-earnings ratio (P/E) ratio at a 8.1% discount to the rest of Asia ex-Japan.

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.
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