Daryl Liew

THE WRITER IS HEAD AND CHIEF INVESTMENT OFFICER AT PHILLIPCAPITAL

While Budget 2026's policy direction applies across the economy, outcomes will become more uneven, with stronger firms better able to absorb volatility, and weaker ones exposed more quickly.
PERSPECTIVE

How policy-driven growth shifts investment risk

As Singapore Budget 2026 accelerates internationalisation and AI adoption, investors must focus on firms’ execution quality