Singapore GDP Growth Eases as Trade Risks Mount

The video discusses the contraction in Singapore's construction and manufacturing sectors, highlighting the impact of private sector weaknesses. It explores risks to Singapore's economy, including the trade war, rising interest rates, and domestic property sector policies. The Central Bank's report warns of trade conflicts affecting global growth. Tamasic and its sister fund are adopting cautious investment strategies, reducing developed market equities and focusing on emerging markets and China due to potential growth opportunities.

What was the primary reason for the contraction in Singapore's construction sector during the second quarter?

• Increase in construction costs

• Lack of skilled labor

• Weakness in public sector construction

• Weakness in private sector construction

Which external factor is considered a significant risk to Singapore's economy?

• Declining tourism

• Decreasing foreign investments

• Trade war

• Rising unemployment rates

What domestic measure has the Singapore government recently implemented that might affect the construction sector?

• Relaxed building regulations

• Subsidies for construction companies

• Tightened curbs on the property sector

• Increased taxes on construction materials

How have Singapore's investment funds adjusted their strategies in response to economic uncertainties?

• Increased holdings in developed market equities

• Reduced investments in cash and bonds

• Boosted investments in cash and nominal bonds

• Focused solely on domestic investments

Which markets are seen as having potential opportunities due to disruptions and low foreign participation?

• European markets

• North American markets

• Emerging markets and China

• Developed markets