Singapore has received some much-needed good economic news of late, with economic growth and exports surprising to the upside. Here is our take on Singapore’s economic prospects and whether the policy responses will suffice for the country. Second, the improvement in the economy buys Singapore time to address other challenges in the economy, some of which are structural in nature. Tackling structural challenges — the CFE reportThe CFE laid out seven major clusters of recommendations to gear Singapore to face the challenging environment it finds itself in. The bottom line: The economic cycle is turning around, giving Singapore breathing space to address the larger structural challenges it faces.
Source: The Edge Markets March 04, 2017 20:11 UTC