The Singapore economy is commonly considered as one of the success stories of rapid and stable economic development. The city state has enjoyed stable and sustained growth from 1966 to 1996. Thereafter, the economy has experienced volatility from a series of shocks and uncertainty due to trade and international capital flows. More recently, the impacts of the Trump administration’s policy induced shocks to global trade relations and has an effect to the economic health of the Singapore economy. So, what next?
Insight Report Synopsis:
• We expect GDP to stay in the sub 1% range with the marginal possibility of negative growth in 2021 if there is no reconciliation of the US-China trade war
• Unemployment has risen marginally and we expect it to rise further
• A scissors crisis is already in the making because of the temporal mismatch between a steepening economic challenge and the long-term trajectory of transformation
The Future-Moves Group shares our perspectives and forecast of Singapore’s economy in the near future.
The rise of tech companies and race to acquire or invest in new technology is shifting the business landscape faster than we imagine. It also brings about new opportunities and risks. What do we even mean by Big Tech? What have we observed in terms of where the opportunities lie and what the risks are? That, against the backdrop of critical uncertainties in indirect competition, changes in digital governance and evolving geopolitics, could well mean that there are different strategies Big Tech companies to consider to stay ahead of the curve and grow.
The Future-Moves Group share our views through this report and recommends a strategy framework based on the assessment of risk, potential gain and attractiveness of opportunity.
Technological disruptions are not new. Technological waves have brought about several pervasive changes that have disrupted the dynamics between providers and visitors in the tourism industry. How can the Singapore Tourism Industry soar above volatility and leverage on new technologies to transform the industry successfully?
The Future-Moves Group has prepared a foresight-driven report to shape the discussion flowing from the technological impacts of Tourism to the development of constructive broad recommendations for the Singapore Tourism Industry.
Singapore must think big and bold to break out into new economic plains as our traditionally strong industries come under increasing competitive pressure.
The Future-Moves Group has prepared a report that highlights five dimensions that must be addressed to establish a Free Data Zone.
The future of economic growth is a critical concern for all economies and governments. Growth has enabled the modernity we experience today, which features tremendous technological progress, lengthening life spans, and lifts to general welfare.
The Future-Moves Group has prepared a report that takes a mixed approach of conventional macroeconomic analysis coupled with foresight methods to shape the discussion on growth and to challenge corporations, institutions and governments to play a constructive and appropriate role in sustaining productivity and, by extension, economic growth.
The world is approaching an inflexion point in the digital transformation where the choices made now will shape the future irreversibly. Both regulators and businesses have to adapt to this new reality.
Future-Moves Group has prepared a report that highlights shifts that both regulators and businesses need to make to deal with the challenges arising in the digital economy.
Cognitive traps can cause even the best management teams and boards to commit strategic errors. Red Teaming challenges existing internal thinking and offers different strategic perspectives to enable more effective decision-making.
Future-Moves Group has prepared a report that highlights how effective red teaming can help management and boards overcome challenges and make better decisions.
With the impending announcement of Budget 2018, it is imperative that our fiscal planners stay true to policy principles that have undergirded the success of our fiscal system.
Future-Moves Group has prepared a report that highlights 3 key principles that must guide our future policy approach.
The most powerful transformations concern ideas and visions for a different future, not only in reference to technology.
Future-Moves Group has prepared a report that highlights the three major tests which will affect our nation's transformative process.
The digital age is not for everyone but it will impact everyone. To succeed in the digital age means synchronising the speeds of change and response.
Future-Moves Group has prepared a report that highlights these key changes and required responses to cope with them.
The “Labour Force in Singapore 2016” report released by the Manpower Research and
Statistics Department revealed that the recovery of the job market has yet to take off. With the outlook uncertain, long-term tailored plans from the Government that cater to both enterprises and
workers are essential.
Future-Moves Group has prepared a report that contains our analysis and recommendations to support industry and labour force transformation.
The concept of health has evolved over the past several decades. The dimensions of physical, mental, financial and social health have all followed a similar trajectory. Rapid digitalisation of the world has brought about an unique set of risks that must be mitigated. We need to apply previous lessons learnt to guarantee our digital health in the future.
Future-Moves Group has prepared a report on the imperative of digital health as well as lessons that need to be applied to ensure our digital health.
2016 was a year of surprises which has caused constants at political and economic levels to shift fundamentally. Organisations and governments will now be challenged to reconsider their worldviews and strategic frameworks moving forward.
Future-Moves Group has prepared a report on the macro outlook of 2017.
Cyber Security is increasingly a critical issue of strategic management. Given Singapore’s position as a highly-connected commercial and telecommunications hub, the nation state is a prime target for cyber-attacks. As cyber-attacks become more sophisticated with a higher spin rate for mutation, it is pertinent that governments, businesses and organisations take ownership of their cyber security.
Future-Moves Group has prepared a report with an overview of the main points and considerations on the issue of cyber security.
