Sluggish Malaysia, China growth could be Singapore’s downfall in 2016

Further slowdown could hurt through trade, financial channels.

The biggest threat to Singapore in 2016 is weak growth in the ASEAN region, according to a report by HSBC. In particular, China and Malaysia represent immediate risks as the countries are Singapore’s largest trading partners.

HSBC also notes that although the Singapore financial system is not at a high degree of banking exposure risk, a further slowdown in Malaysia and China growth could hurt Singapore through trade and financial channels.

Further, trouble could be in the cards for Singapore if foreign sentiment towards the ASEAN region sours in 2016 on top of additional tightening in the US. The country could witness net outflows, given Singapore’s role as the region’s investment conduit.

HSBC adjusts its 2015 forecast to 2.1%, following the surge in the advance estimate of Q4 GDP. However, it anticipates growth risks to lean to the downside for the coming quarters based on expectations for the trade cycle to stay weak and for consumption to wane.

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