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S'pore economy to benefit from global growth, China: VP Bank

Private bank neutral on S'pore market, expects macro recovery to spur consumption

Angela Tan
Published Fri, Jul 21, 2017 · 09:50 PM
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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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