Singapore poised for consistent growth with strategic trade advantage
The city-state has leveraged its strengths and location for steady growth since 2017, KGI says.
Singapore’s economy is expected to be well-positioned to adapt and thrive, even as the U.S. plans to overhaul key policies related to international trade, foreign affairs, and immigration.
In a report, KGI said Singapore has leveraged its strengths and strategic location to achieve consistent growth since the onset of the trade war in 2017.
"We believe Singapore will capture growth opportunities amidst the backdrop of the new round of global trade tensions and ensuing rising geopolitical risks in 2025,” said Chen Guangzhi, head of research at KGI Singapore.