Saturday’s general election in Singapore is expected to boost shares of domestically-driven companies in sectors like retail, construction, and infrastructure, as investors anticipate government policy support for economic growth and cost-of-living concerns, including measures such as job protection, wage support, and infrastructure investment; companies that benefited from the February budget, such as Sheng Siong Group Ltd. and those involved in public transport and flood protection, are seen as likely beneficiaries. The Singapore dollar is also likely to strengthen, given its historical tendency to rise before and after elections due to investor confidence and the MAS’s FX policy, with past cycles marked by strong capital inflows and a stable business environment
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