Fitch Solutions
Fitch Solutions provides crucial intelligence to help its clients understand and interpret markets, so they can protect their organisations’ interests and help to grow profitability.
SG medical device market to generate a CAGR of 7.4% from 2022-2027
The market will reach $1.4b (USD1.1b) by 2027.
SG medical device market to generate a CAGR of 7.4% from 2022-2027
The market will reach $1.4b (USD1.1b) by 2027.
Slow domestic economic growth in SG to hit medical device imports
Singapore’s trade-dependent economy will slow to a 1.1% growth in 2023.
Singapore health costs to decline this year but still higher than 2019: Fitch
Health expenditure declined from $17.b in 2022.
Chart of the Day: Singapore is top destination for Mainland tourists
Other choices are South Korea and Hong Kong.
Singaporean’s spending to slow down in 2023: report
Real household spending is expected to grow by 2.28%.
Singapore’s household spending to grow by 3.1% in 2022: Fitch Solutions
The growth rate estimate is lower than the 2021 forecast of 6.6%.
Pros and cons of lifting the data centre moratorium
The resumption of data centre development came with new conditions.
Singapore tops Asia Auto Sales Risk/Reward Index
The country scored 87.1.
SG retail sales 6.5% lower than 2019: Fitch
It reflected the struggle to return to pre-pandemic levels.
Light at the end of the tunnel: SG fiscal deficit to narrow to 4.6% of GDP
A forecast of 6.3% growth in 2021 is also expected.
Singapore household spending expected to grow by 3.1% in 2022
This would mean a total of $148.4b household spending.
Singapore dollar to average slightly stronger in 2022 at S$1.3400/USD
The previous projection was at S$1.3600/US$.
Fitch revises upward Singapore’s growth forecast to 6.3%
This is higher than their previous full-year forecast of 6.1% GDP.
MAS to tighten policy again 2022 - Fitch
Risks, however, are present with the financial troubles faced by the real estate sector in China.
Singapore to remain as key data hub in Southeast Asia — Fitch Solutions
Despite facing increased competition from neighbours in data centre development.
Transport and logistics industry to see varying recovery levels
Its nature is dependent on other industries, as well as global economic activities.
Chart of the Day: SG healthcare spending to reach $45.9b in 2030
Fitch Solutions expects the government to ramp up its healthcare expenditure in the coming years.
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