outlook

This is the year for office REITs to shine: OCBC
SINGAPORE (Jan 8): OCBC Bank is expecting Singapore office REITs to strengthen further in the near-term this year – and possibly, in the process, demand higher rents to bring about positive rental reversion. In a Tuesday report, OCBC’s credit research team highlights office REITs as a bright spot among Singapore REITs (S-REITs), with the recent trend of strong new office supply looking to ...
What the near future holds for global fintech firms & investors: McKinsey
SINGAPORE (Dec 18): With financial technology (fintech) evolving considerably over the last few years, fintech investors will have to be increasingly selective in deploying their capital as some sectors and companies approach a “possible endgame”, suggests a new report by McKinsey & Company. In its paper, Synergy and disruption: Ten trends shaping fintech, McKinsey postulates that ...
Local manufacturing firms increasingly optimistic amid ongoing trade war: EDB survey
SINGAPORE (July 31): Positive business sentiment is on the uptrend among Singapore's manufacturers even with the ongoing US-China trade war, according to the Economic Development Board’s (EDB) Survey of Business Expectations of the Manufacturing Sector for 3Q18. Compared to the EDB’s findings over 2Q, a net weighted balance of 5% of Singapore’s manufacturers are expecting output to ...
Two oil & gas players to 'buy' as Brent crude oil uptrend remains intact
SINGAPORE (Jan 23): DBS Vickers Securities is maintaining its “overweight” stance on the oil and gas (O&G) sector given the recent oil price rally, which has driven up O&G stocks to directly benefit oil majors leading the rally. In a Tuesday report, lead analyst Suvro Sarkar says the average Brent crude oil price for 2018 could end closer to the higher range of US$60-65 per barrel ...
CEOs optimistic on global economic outlook for 2018, but threats to growth remain
SINGAPORE (Jan 23): A record-breaking 57% of chief executive officers (CEOs) believe global economic growth will improve in the next 12 months, according to the latest data from PricewaterhouseCoopers’ 21st survey of almost 1,300 CEOs around the world. In a media release on Tuesday, the professional services firm highlights that the latest figure is almost double that of last year (29%), and ...
'Long winter' seen ending for Singapore home prices: Survey
SINGAPORE (Jan 23): The worst may be over for Singapore’s property slump. After a four-year slide in private residential prices, analysts are now calling an end to the property downturn. Singapore home prices have risen for two consecutive quarters and they are expected increase by about 5.5% this year, according to a survey by Bloomberg. There’s also the earnings season to look ...
10 biggest investor risks to look out for in 2018: Natixis
SINGAPORE (Jan 17): Economic and investor risks still abound despite relatively optimistic outlooks for 2018, according to Esty Dwek Roditi of Natixis Investment Managers. In a Wednesday commentary, the investment specialist lists 10 of the biggest risks in the year ahead. With the majority of market views remaining in line with consensus for the rest of the year, Dwek Roditi sees this ...
Tech to continue driving Singapore's economy in the year ahead: KPMG
SINGAPORE (Dec 29): Singapore’s chief executive officers (CEOs) are the most confident in their country’s growth prospects as compared to their Asean peers, whom have broadly expressed muted confidence in the global and national economy as well their organisation’s prospects in the next 12 months. This is according to the latest Asean CEO Outlook report from KPMG Services, Leading in ...
Chinese economy has ‘darker story’ ahead, China Beige Book says
BEIJING (Sept 27): The world’s second-largest economy may be faring well this year but 2018 is shaping up to be less positive, with progress on reducing debt and industrial capacity proving elusive, according to the China Beige Book. Although this year still looks “far better” than the past two years, faltering demand signaled by a reversal of the five-quarter commodity rally may be in ...
Is the Singapore economy poised for a pickup?
SINGAPORE (Sept 22): Recent economic data suggests that Singapore is poised to enjoy the best economic conditions it has seen since 2011. The most important development is that global demand is feeding through to Singapore more palpably than before. The global recovery is also helping Singapore’s neighbours. A stronger world economy raises demand for their exports of resources and ...