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Seek earnings, don't rely on govt goodies in 2015: Credit Suisse

Published Fri, Dec 12, 2014 · 09:50 PM

Singapore

DO not bet too much on government goodies in Singapore's 50th year of independence to boost the country's challenging macro outlook, but listed stocks are cheap enough anyway to warrant bargain-hunting, Credit Suisse said in its 2015 strategy for Singapore.

DBS Group Holdings, CapitaLand and Noble Group earn the strongest recommendations among blue chips from the broker.

The macro outlook for Singapore in 2015 is not shiny.

"On various metrics (GDP growth, industrial production, net exports, retail sales excluding motor vehicles, visitor arrivals, inflation/GDP deflator, property sales and prices) there …

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