SGモーニングハイライト | DBSの第3四半期純利益が予想を上回る; 自社株買い計画

As retail sales in Singapore showed a modest 2% growth year-on-year in September, experts from RHb predict a continued upward trajectory into Q4 2024 and Q1 2025, driven by three key factors. Firstly, a resilient global economic environment is expected to underpin growth, supported by strong global trade and investment. Additionally, the festive season and year-end holidays, including major events like Christmas and Chinese New Year, are anticipated to spur consumer spending. Lastly, the Singapore labor market is forecasted to remain robust, particularly in services, enhancing consumer purchasing power and confidence. This optimistic outlook is further bolstered by expected increases in international travel and tourism, particularly from China, which will likely enhance retail and F&b service sectors. UOb notes, however, that some domestic spending may shift overseas during school holidays due to a strong Singapore dollar, potentially moderating the growth in local retail sales.