His comments come after Senior Minister Lee Hsien Loong noted, at the Economic Society of Singapore’s annual dinner, that economic principles can be ignored, but economic laws cannot be repealed. Lee also warned that the US-led tariffs are likely to stay even after Trump leaves office.
The Straits Times Index (STI) may rise to 4,600 points in a “bull case” scenario, says Maybank Securities’ head of research, Thilan Wickramasinghe.
“Amid rising uncertainty, Singapore stands out for its policy clarity. As a global financial centre and logistics hub, we’re well-placed to benefit from trade flows that increasingly bypass the US,” the analyst wrote in a LinkedIn post on July 17.
