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.

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.

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.

SG retail sales 6.5% lower than 2019: Fitch

It reflected the struggle to return to pre-pandemic levels.

Singapore household spending expected to grow by 3.1% in 2022

This would mean a total of $148.4b household spending.

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.