- A preferential tariff for the export of pharmaceutical and semiconductor products to the US, if successfully concluded, would be a game changer for the manufacturing sector in Singapore. Maintain OVERWEIGHT.
- Our top pick CapitaLand Ascendas REIT has the largest exposure to business park and hi-tech buildings in Singapore at 53% of portfolio valuation. Technology, logistics and life sciences industries accounted for 65.1% of CapitaLand Ascendas REIT’s monthly rental income.
Singapore uniquely positioned and less affected by trade conflicts.
- - Read this at SGinvestors.io -
- The US-Singapore Free Trade Agreement was signed on 6 May 03 at the White House and took effect on 1 Jan 04. The two countries also launched Partnership for Growth and Innovation in 2021 to increase collaboration between Singaporean and US companies in forward-looking areas, such as:
- digital economy and smart cities;
- advanced manufacturing and supply chains;
- clean energy and environmental technologies; and
- healthcare.
- The US has consistently recorded a goods trade surplus with Singapore over the past 25 years. US goods trade surplus with Singapore was US$2.8b in 2024, representing an increase of 4% over 2023.
Singapore gains competitive advantage, supported by preferential tariffs.
- Read more at SGinvestors.io.
