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Singapore households see asset growth of 5% in first half 2020
Allianz study says it's a strong indication of a positive outcome for the whole year if there's no sharp economic slump
Published Wed, Sep 23, 2020 · 09:50 PM
Singapore
SINGAPORE households are estimated to have seen asset growth of 5 per cent in the first six months of the year, despite the ravages of Covid-19.
The latest edition of the Allianz Global Wealth Report found that following a disciplined savings approach, "it seems as if Singaporean households might also be able to weather the pandemic crisis in 2020''.
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