- Singapore did it again with a robust 2.9% growth in 2014 despite global economic headwinds
- Currently we are in the sweet spot of good growth and mild deflation
- How to ride on Singapore’s current growth by investing in the SPDR STI ETF (SGX:ES3)
- In 2014, the ES3 returned 5.59% in capital gains and 2.93% in dividends
Once again, we have the latest economic report about Singapore’s economy from the Ministry of Trade and Industry (MTI). MTI reported GDP growth for the full year of 2014 together with the first quarter reading of 2015.
Another Stellar Year of Growth for 2014
Singapore grew by a robust 2.9% in year 2014 by both measures of yearly and quarterly annualized growth. This is robust considering the weakness in the global economy where China missed its 2014 growth target of 7.5% by 0.1%. Europe was struggling with growth …