Song Seng Wun, CIMB Private Bank

Song Seng Wun, CIMB Private Bank

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11 February 2021
Bigger Picture: Bak Kwa prices hit record high despite coming out of worst recession
Song Seng Wun, Economist, CIMB Private Banking discusses why there seems to be no holding back Bak Kwa prices from pushing another new high, and what signals he's seeing for Singapore's economic outlook.

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Listen to his previous podcasts:

23 December 2020
Across the ASEAN: The Year Ahead for Singapore's Economy
Though hopes are high for a solid economic rebound, a lot of uncertainties still face the Singaporean economy heading into 2021. Will businesses and industries require more support measures in the year ahead, and can the government continue to provide? Will there be a reflation in the year ahead? And will continued travel restrictions between Singapore and Malaysia continue to hamper a recovery on either side of the Causeway? Song Seng Wun, economist at CIMB Private Banking, joined us on the last episode of Across the ASEAN for 2020.

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15 December 2020
In The Spotlight: What does Phase 3 & vaccine announcement mean for Singapore’s economic outlook?
From the second half of January 2021, short-term business travellers from all countries arriving in Singapore will no longer need to be quarantined, under new segregated travel lane arrangements. This news follows the announcement last night that Singapore will go into phase 3 at the end of December. To find out what these latest announcements mean for Singapore’s Economy, Prime Time's Rachel Kelly spoke to Song Seng Wun, Economist at CIMB Private Bank.

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23 November 2020
Market View: Recapping Singapore's Final 3Q GDP Figures
Singapore's 3Q GDP contracted by 5.8% year-on-year, but grew by more than 9% as compared to the second quarter. Song Seng Wun, economist at CIMB Private Banking, joined us on Prime Time to talk about the numbers, and whether Singapore should brace for a more sluggish fourth quarter.

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27 August 2020
Raise in minimum salaries for Employment Pass and S Pass holders
Minister for Manpower Josephine Teo has announced that the Government will raise the salary criteria for Employment Passes and S Passes. Song Seng Wun, Economist, CIMB Private Bank, shares more about how this could help the Singaporean workforce and some possible economic implications.

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11 August 2020
Reviewing Singapore's Final 2Q GDP Figures and Keppel's 11% Slump
Singapore grappled with a 13.2% contraction in 2Q GDP, deeper than the advanced estimates were foreshadowing, and Temasek's decision to withdraw its bid for a majority stake in Keppel Corporation. Song Seng Wun, Economist at CIMB Private Banking, joined us on Prime Time to discuss the 2 events.

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11 June 2020
Organisation for Economic Co-Operation and Development releases economic outlook
The Organization for Economic Cooperation and Development (OECD) released its twice-a-year economic outlook and unusually, presented two scenarios; one where Covid-19 continues to recede, and another where a second wave of rapid contagion erupts later in 2020. Song Seng Wun, Economist, CIMB Private Bank gives us his take on the outlook.

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26 May 2020
Singapore's New Fortitude Budget and the Lowered Economic Outlook
JP Ong spoke to CIMB Private Bank Economist Song Seng Wun shortly after the release of Singapore's Fortitude Budget, that sent the country's spending response to more than 19% of GDP. He also commented on expectations of a deeper contraction by economic authorities.

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7 April 2020
Third round of Budget measures to help Singapore through COVID-19
Song Seng Wun, Economist, CIMB Private Bank breaks down the latest on the Government's announcement of an unprecedented third round of support measures to help tide Singapore through the COVID-19 circuit breaker distancing measures and the importance of having it.

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30 March 2020
The MAS' Recent Decision and the State of Liquidity for Markets
The Monetary Authority of Singapore eased policy as many economists expected, by reducing the slope of appreciation for the Singapore Dollar, and lowering the midpoint of the range. But how exactly is that achieved and why is it so important for a city-state like Singapore? Song Seng Wun, Economist at CIMB Private Bank, joined us on Market View to explain how the MAS conducts its move, and why a liquidity squeeze last week was so serious for global markets and economies.

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18 February 2020
Unpacking the Budget 2020
Howie Lim and JP Ong speak to Song Seng Wun, economist from CIMB Private Banking to unpack some of the initiatives announced during the Budget speech yesterday.

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19 December 2019
A Better 2020 for the Singaporean Economy?
Hopes are that the local economy, fresh from recession scares this year, will fare better in 2020. CIMB Economist Song Seng Wun joined us on Prime Time to talk about his outlook for GDP growth, whether a turnaround for manufacturing can be believed, and what role a possible property glut and next year's budget will play for next year's GDP.

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21 Nov 2019
The Bigger Picture: S'pore Q3 GDP up 0.5%, better than expected
Song Seng Wun, economist, CIMB Private Banking tells us about the importance of payment tokens such as Bitcoin and Ether to be traded on approved exchanges in Singapore, the overview of Singapore's third quarter which surprisingly came in positively and more.

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10 Oct 2019
A Lookahead at US-China Trade Talks with CIMB's Song Seng Wun
Much is at stake ahead of the resumption of US-China trade talks this Thursday, with no clarity on whether both sides can make progress. CIMB economist Song Seng Wun helps us preview the discussions, and what a partial deal, or a breakdown in talks, might mean for markets and the economy.

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12 Apr 2019
CIMB's Song Seng Wun Crosses His Fingers on a GDP Recovery
Advance 1Q GDP figures came in at 1.3%, with manufacturing showing signs of contracting. CIMB Economist Song Seng Wun is crossing his fingers that a recovery may be possible in the future, but that a lot will hinge around the outcome of trade talks to see if it can hit the government's target range for 2019.

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24 Jan 2019
Bak Kwa Index And Global Economic Outlook
Song Seng Wun, Economist at CIMB Private Banking shares more on the Bak Kwa Index ahead of Lunar New Year, and also his global economic outlook for 2019.

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