Asia / Singapore

Singapore

Group Research / February 01, 2020

Photo Credit - AFP

Singapore
 201820192020f2021f
GDP growth, % YoY3.10.7-6.55.5
CPI inflation, % YoY0.40.6-0.71.5
 3Q204Q201Q212Q213Q21
Exchange rates, end of period1.371.381.371.361.35
Policy interest rates, end of period0.400.400.400.400.40

Singapore Industry Insights

Singapore / Real Estate
Eye on falling land leases in Industrial S-REITs

Eye on falling land leases in Industrial S-REITs

September 18, 2020

We believe investors should take note of the impact on net asset value as industrial properties in Singapore sit on shorter land lease tenures.

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Singapore / Consumer
Ridership improving in Singapore, albeit gradually

Ridership improving in Singapore, albeit gradually

September 16, 2020

The government’s move to extend the Special Relief Fund for the Point-to-Point industry is a welcome relief. We assess this and other key annou...

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Singapore / Real Estate
Office S-REITs: China tech giants to spur demand

Office S-REITs: China tech giants to spur demand

September 16, 2020

Things are looking up for Singapore office landlords following news that Tencent is setting up its Asia hub in the city state, following the footstep...

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Singapore Economics Insights

Singapore / Growth, Fiscal
Singapore: Election effect on policies

Singapore: Election effect on policies

July 13, 2020

The ruling PAP government returned to power with a narrower margin. The relatively weaker mandate could see some recalibration in policies ahead.

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Singapore / Stock Pulse
STI unlikely to rally ahead of General Election

STI unlikely to rally ahead of General Election

June 24, 2020

For this and other ideas, please check out the Singapore Stock Pulse. Your go-to morning essential that inspires you with investment and trading idea...

Read More
Singapore / Growth, Fiscal
Singapore: Navigating an uneven recovery

Singapore: Navigating an uneven recovery

June 16, 2020

Signs of recovery are emerging. How Singapore navigates this crisis will determine its future as a nation.

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Singapore Economics Daily

Singapore / Growth,Fiscal
Singapore: Growth forecast lowered

Singapore: Growth forecast lowered

August 11, 2020

With the final 2Q20 GDP figures coming in short of our expectation, we have re-calibrated our full year GDP growth forecast for 2020 to -6.5%, down f...

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Singapore / Interest Rate
Key aspects of SIBOR to SORA transition

Key aspects of SIBOR to SORA transition

August 11, 2020

SORA has been recommended to be the main benchmark for SGD financial markets, replacing both SIBOR and SOR.

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Singapore / GDP
Singapore: The economy has bottomed out

Singapore: The economy has bottomed out

July 14, 2020

Second quarter marks the bottom of the current cycle. Growth is expected to improve from hereon.

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Singapore Equities

Singapore / Stock Pulse
Seeking out gems in Industrial S-REITs

Seeking out gems in Industrial S-REITs

September 18, 2020

For this and other ideas, please check out the Singapore Stock Pulse. Your go-to morning essential that inspires you with investment and trading idea...

Read More
Singapore / Equity Picks
Singapore Equity Picks

Singapore Equity Picks

September 17, 2020

The Straits Times Index (STI) has dipped 3.5% from our previous update in August.

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Singapore / Stock Pulse
Equity Picks: ART poised to ride on travel recovery

Equity Picks: ART poised to ride on travel recovery

September 17, 2020

For this and other ideas, please check out the Singapore Stock Pulse. Your go-to morning essential that inspires you with investment and trading idea...

Read More

Disclaimers and Important Notices

The information herein is published by DBS Bank Ltd and PT Bank DBS Indonesia (collectively, the “DBS Group”). It is based on information obtained from sources believed to be reliable, but the Group does not make any representation or warranty, express or implied, as to its accuracy, completeness, timeliness or correctness for any particular purpose. Opinions expressed are subject to change without notice. Any recommendation contained herein does not have regard to the specific investment objectives, financial situation & the particular needs of any specific addressee. The information herein is published for the information of addressees only & is not to be taken in substitution for the exercise of judgement by addressees, who should obtain separate legal or financial advice. The Group, or any of its related companies or any individuals connected with the group accepts no liability for any direct, special, indirect, consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error, omission or misstatement herein, negligent or otherwise) or further communication thereof, even if the Group or any other person has been advised of the possibility thereof. The information herein is not to be construed as an offer or a solicitation of an offer to buy or sell any securities, futures, options or other financial instruments or to provide any investment advice or services. The Group & its associates, their directors, officers and/or employees may have positions or other interests in, & may effect transactions in securities mentioned herein & may also perform or seek to perform broking, investment banking & other banking or finan­cial services for these companies. The information herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Sources for all charts & tables are CEIC & Bloomberg unless otherwise specified.

DBS Bank Ltd., 12 Marina Blvd, Marina Bay Financial Center Tower 3, Singapore 018982. Tel: 65-6878-8888. Company Registration No. 196800306E. DBS Bank Ltd., Hong Kong Branch, a company incorporated in Singapore with limited liability. 18th Floor, The Center, 99 Queen’s Road Central, Central, Hong Kong.

PT Bank DBS Indonesia, DBS Bank Tower, 33rd floor, Ciputra World 1, Jalan Prof. Dr. Satrio Kav 3-5, Jakarta, 12940, Indonesia. Tel: 62-21-2988-4000. Company Registration No. 09.03.1.64.96422