Singapore well placed to profit from upturn
GLOBAL - Singapore equities are well-positioned to profit from the global economic recovery and technology demand, Govett Investments claims.
Govett says Singapore, supported by a progressive stable government, is in a strong position to attract new investment.
Govett’s Singapore growth fund manager Tan Choon Hoe said although it had lagged behind Korea and Taiwan it was quickly picking up.
Choon Hoe said: “The worst is certainly over and many signs point to recovery.
“Positive first-quarter performance looks set to continue into the year backed by a better overseas market, low interest rates and inflation and ample liquidity.”
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