Asia / Singapore

Singapore

Group Research / February 01, 2020

Photo Credit - AFP

Singapore
 20192020f2021f2022f
GDP growth, % YoY0.7-5.46.33.2
CPI inflation, % YoY0.6-0.21.41.5
 3Q214Q211Q222Q223Q22
Exchange rates, end of period1.361.351.351.351.34
Policy interest rates, end of period0.120.120.120.120.12

Singapore Industry Insights

Singapore / Real Estate
Back to Phase 2: How to position in S-REITs?

Back to Phase 2: How to position in S-REITs?

July 27, 2021

Singapore’s return of Phase 2 will undoubtedly hurt businesses. We assess the impact on S-REITs and where the safe harbours can be found.

Read More
Singapore / Real Estate
Singapore Property: Insight into property investment game

Singapore Property: Insight into property investment game

July 27, 2021

The newly launched Pasir Ris 8 development saw prices hiked six times within a day. What does this mean for upcoming residential property launches?

Read More
Singapore / Financials
Singapore Banks: What to expect in 2Q21 results?

Singapore Banks: What to expect in 2Q21 results?

July 23, 2021

While some setbacks are expected amid the return to Phase 2 (Heightened Alert), we continue to favour Singapore banks as recovery plays.

Read More

Singapore Economics Insights

Singapore / Growth, FX
Singapore: Towards mass vaccination and economic recovery

Singapore: Towards mass vaccination and economic recovery

June 15, 2021

Singapore is making good progress in its mass vaccination and economic normalisation efforts amid the COVID environment.

Read More
Singapore / GDP
Singapore Chartbook: Raising growth and inflation forecasts

Singapore Chartbook: Raising growth and inflation forecasts

March 30, 2021

Recovery is gaining momentum. We have revised up our full year GDP growth forecast for 2021 to 6.3%, implying real GDP will return to pre-COVID level...

Read More
Singapore / Economics & Strategy
SGD Rates: Thoughts on SINGA bonds

SGD Rates: Thoughts on SINGA bonds

February 19, 2021

Singapore government will be issuing infrastructure bonds under Significant Infrastructure Government Loan Act (SINGA). The first SGS (Infrastructure...

Read More

Singapore Economics Daily

Singapore / GDP
Singapore: Strong 2Q but normalisation ahead

Singapore: Strong 2Q but normalisation ahead

July 14, 2021

The Singapore economy is projected to clock a strong performance in the second quarter based on the advance GDP estimates, but expect slower growth a...

Read More
Singapore / GDP
Macro Insights Weekly: Singapore’s Census: Older, richer, smarter

Macro Insights Weekly: Singapore’s Census: Older, richer, smarter

June 21, 2021

Singapore’s 2020 Census reveals a society that continues to attain more wealth and education, with a marked rise in the proportion of elderly populat...

Read More
Singapore / GDP
Singapore: Speed bump in 2Q21

Singapore: Speed bump in 2Q21

May 25, 2021

With the implementation of the Phase 2 Heightened Alert measures, a sequential (% QoQ sa) pullback is on the cards.

Read More

Singapore Equities

Singapore / Stock Pulse
Keppel Corp: Strong earnings, dividend surprise

Keppel Corp: Strong earnings, dividend surprise

July 30, 2021

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 / Stock Pulse
Singapore banks in no rush to pay out all excess capital

Singapore banks in no rush to pay out all excess capital

July 29, 2021

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 / Stock Pulse
Regional Aviation: Time to accumulate before recovery

Regional Aviation: Time to accumulate before recovery

July 28, 2021

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

The information set out in this website ("Information") is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident of or located in any locality, state, country, or other jurisdiction (including but not limited to citizens or residents of the United States of America) where such distribution, publication, availability or use would be contrary to law or regulation. This Information is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction (including but not limited to the United States of America) where such an offer or solicitation would be contrary to law or regulation. This Information is published for general circulation only and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. Visitors accessing this website should always seek advice from an independent financial adviser regarding the suitability of the Information referred to herein (taking into account the specific investment objectives, financial situation and/or particular needs of each person in receipt of the Information) before making any investment and/or any purchase in reliance of the Information. Please refer to the actual research publications for important disclaimers and disclosures, where applicable.