Singapore Budget 2019

Healthcare and property stocks are Budget 2019 winners

SINGAPORE (Feb 19): The recent Budget 2019 has little to no impact on the Straits Times Index (STI) component stocks, apart from ST Engineering which has a low index weight, according to DBS in a Tuesday report.

Other mild potential beneficiaries are SembCorp Marine, domestic staple consumer companies, such as Sheng Siong, as well as healthcare stocks.

Growing with support, not a crutch

SINGAPORE (Feb 11): National budgets support growth. In Singapore, much has been allocated to small and medium-size enterprises (SMEs), and all signs are pointing to even more to come in this year’s Budget as businesses struggle with the challenges of slowing growth.


What will Singapore spend on in the upcoming Budget 2019?

SINGAPORE (Feb 8): Analysts and market watchers are expecting Singapore’s Budget 2019, scheduled to be unveiled on Feb 18, to be clearly aimed at sweetening the ground ahead of a general election that could be called as early as this year.

In fact, the size and nature of expenditures could be an important factor in handicapping the likely election date, as a generous budget may be a sign that elections could be brought forward to this year.

Upcoming budget to stay the course on restructuring: DBS

SINGAPORE (Jan 29): The Singapore government is expected to double down on its efforts to provide greater support for companies in developing their capabilities and in their internationalisation efforts.

These include helping companies venture abroad, particularly to Asean, tweaking its policy to target smaller companies and encouraging automation in companies and helping them leverage on digital technologies and R&D while entrenching local value creations.

Singapore government likely to adopt looser fiscal policy; bumper budget could signal early elections: Fitch Solutions

SINGAPORE (Jan 22): Fitch Solutions Macro Research says it expects the Singapore government to adopt looser fiscal policy for FY19/20 (April-March) in an effort to cushion the economic slowdown due to unfavourable global economic conditions.

Finance Minister Heng Swee Keat is scheduled to deliver the 2019 Budget statement on Feb 18.

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