Economist, Centennial Asia Advisors

Nigel Chiang

Centennial Asia Advisors deliver timely and accurate economic and political analysis to investors, focused on anticipating key turning points that affect the client’s interests in the Asia-Pacific region. Clients include public agencies and central banks, as well as fund managers and investment banks. The company draws strength from its flexibility to tailor products to fit client’s specific interests. It provides detailed macro-economic forecasts, scenario analysis and timely assessments of how specific major economic and political developments may affect a client’s areas of interest. At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way.

Economist

Singapore Budget 2022: Pivoting from Crisis Management to Tackling Secular Challenges

Singapore Budget 2022: Expect Medium-Term Adjustments to Raise Inflation

Singapore: Policy Responses to Go Beyond S$NEER Steepening

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

<ul>
<li>The economy is primed for robust growth this year on buoyant global demand, “catch-up” growth in pandemic-impacted sectors, strong household balance sheets, and further upside in the private investment recovery.</li>
<li><strong>Consensus growth forecasts for 2022, currently tracking at 4%, are probably too conservative given this sanguine outlook. </strong></li>
<li>We forecast GDP growth at 5.0-5.5%; the output gap will turn positive earlier than policymakers envisaged (~mid-2022). Inflation will remain firm, compelling MAS to tighten policy aggressively in April, October.</li>
</ul>


The economy is primed for robust growth this year on buoyant global demand, “catch-up” growth in pandemic-impacted sectors, strong household balance sheets, and further upside in the private investment recovery.
Consensus growth forecasts for 2022, currently tracking at 4%, are probably too conservative given this sanguine outlook. 
We forecast GDP growth at 5.0-5.5%; the output gap will turn positive earlier than policymakers envisaged (~mid-2022). Inflation will remain firm, compelling MAS to tighten policy aggressively in April, October.


Singapore: Multiple Catalysts; Upside Surprise to 2022 Growth Likely