Growth resilience faces external risks – DBS

Growth resilience faces external risks – DBS

DBS economist Chua Han Teng highlights that Singapore’s 1Q26 GDP growth was resilient, with real GDP up 4.6% year-on-year, but warns that the Iran war shock and global slowdown pose downside risks. DBS maintains its 2026 real GDP growth forecast at 2.8%, broadly aligned with MAS expectations for the output gap to average around zero […]

MAS tightening supports Singapore Dollar – MUFG

MAS tightening supports Singapore Dollar – MUFG

MUFG’s Senior Currency Analyst Michael Wan notes that the Monetary Authority of Singapore (MAS) tightened its exchange rate policy in April by slightly increasing the slope of the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) band, becoming the first Asia-ex-Japan central bank to tighten policy after the Iran conflict. MAS raised both headline and core […]