Singapore / GDP

Singapore in 2018/19: Better times

Irvin Seah, Philip Wee, Eugene Leow, Joanne Goh, Janice Chua / December 12, 2017
We expect headline GDP growth for Singapore to hover around 3% in the next two years, thanks to a broad-based recovery; the Straits Times Index could rise to 3,688 by end-2018, representing 10% total ...
Key summary points
  • We expect GDP growth to hover around 3% in the next two years, thanks to a broad-based recovery
  • Inflation will rise; the central bank will likely return to a path of policy normalisation
  • We expect USD/SGD to rise to 1.39 in 2018 before falling back to 1.35 in 2019
  • SGD rates are likely to head higher as the Fed normalisation continues
  • The STI could attempt to hit 3,688 by end-2018, representing around 10% total return

Singapore in 2018/19: Better times

Photo credit: AFP Photo

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