Asia / Singapore

Singapore

Group Research / February 01, 2020

Photo Credit - AFP

Singapore
 20182019f2020f2021f
GDP growth, % YoY3.10.7-5.73.5
CPI inflation, % YoY0.40.6-0.71.5
 2Q203Q204Q201Q212Q21
Exchange rates, end of period1.411.401.391.381.37
Policy interest rates, end of period0.400.400.400.400.40

Singapore Industry Insights

Singapore / Real Estate
The case for industrial S-REITs

The case for industrial S-REITs

July 07, 2020

We have noted a broadening of the S-REIT rally as investors position ahead of an economic recovery. Find out why we continue to like industrial S-REI...

Read More
Singapore / Real Estate
Staycations, here we come!

Staycations, here we come!

July 06, 2020

News that hotels can soon reopen for staycations will give hospitality S-REITs a much-needed break. We believe those with assets in Sentosa will be t...

Read More
Singapore / Real Estate
Industrial mid-cap S-REITs – Too cheap to ignore

Industrial mid-cap S-REITs – Too cheap to ignore

June 25, 2020

We see relative value amongst the mid-cap industrial S-REITs and believe they can outperform the large caps in FY21.

Read More

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.

Read More
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.

Read More

Singapore Economics Daily

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.

Read More
Singapore / Interest Rate
SOFR, SORA – Progress & Fallbacks

SOFR, SORA – Progress & Fallbacks

April 20, 2020

Fallbacks for cash and derivative products have seen some development.

Read More
Singapore / Interest Rate
SGS: The real AAA deal

SGS: The real AAA deal

April 13, 2020

SGS are very well supported despite the government’s fiscal measures.

Read More

Singapore Equities

Singapore / Stock Pulse
Year-end target unchanged despite worse-than-expected 2Q GDP estimates

Year-end target unchanged despite worse-than-expected 2Q GDP estimates

July 14, 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

July 13, 2020

Riding on COVID-19 volatility to a record-high return

Read More
Singapore / Stock Pulse
STI may trend lower on GE results, worries over 2Q earnings

STI may trend lower on GE results, worries over 2Q earnings

July 13, 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