It would be difficult if every country retaliates. With ten percent tariff rate, Singapore can be an attractive relocation destination for companies and thus boost trade volume. Good start by government to form task force to try help businesses and workers to tackle impact of tariffs.
Is DBS a Solid Buy Under SGD40?
Singapore’s three major local banks have rebounded from multi-month lows. Despite the cautious outlook, low valuations and attractive dividend yields may present a buying opportunity for long-term investors.
DBS now is traing below SGD 40.
Is it a buy-the-dip opportunity under 40?
Or will you wait for another plunge to add?
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