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OCBC CEO cautions against hopes of strong growth in Singapore in '17

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OCBC CEO Samuel Tsien on Friday said that while there are signs of recovery in certain sectors of the Singapore economy, he cautioned against hopes of strong broad-based growth this year.

OCBC CEO Samuel Tsien on Friday said that while there are signs of recovery in certain sectors of the Singapore economy, he cautioned against hopes of strong broad-based growth this year.

Speaking to shareholders at the annual general meeting, Mr Tsien referred to the assessment by Singapore's central bank this week, with the Monetary Authority of Singapore pointing to volatile and uneven growth so far this year.

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