Singapore at risk of losing economic race in 2013

GDP growth may be a measly 3.2%.

According to DBS, notwithstanding robust expansion in Asia, growth in Singapore is expected to remain below potential on account of structural weaknesses. Singapore’s economic woes include the tightening in foreign labour inflows, strong S$ leading to falling export competitiveness, high COE premiums and high rentals; all of which imply that Singapore will continue to underperform its potential as well as against the regional peers.

Here's more from DBS:

Overall, we expect Singapore GDP growth to register 3.2% in 2013, from 1.6% in 2012. Inflation is likely to stay sticky at 4% next year, still two times higher than historical average.

Therefore, companies here, in particular the smaller SMCs, are faced with higher cost pressures and risks of lower margins. To seek growth, we suggest picking companies with a diversified earnings base, in particular one that is leveraged for growth in other Asean countries.

Except for Singapore, other Asean economies are projected to grow in excess of 5%. external growth. The country is expected to lag behind the rest of Asean with little growth and high inflation this year.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia