S'pore economy to benefit from global growth, China: VP Bank
Private bank neutral on S'pore market, expects macro recovery to spur consumption
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Angela Tan
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Singapore
SINGAPORE shows a clear pattern of further economic strength for the rest of the year, but VP Bank AG remains neutral on the city-state.
The Liechtenstein private bank, which has a 2.7 per cent growth forecast for Singapore's economy in 2017, noticed that in the second quarter, the Singapore equity market has underperformed the MSCI Emerging Markets Asia benchmark.
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