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: Upside Risks to Inflation Imply Possible Further Policy Tightening in October

Singapore: Recalibrating Our Growth Forecasts Amid Cross-Currents

Singapore: Growth Outlook Remains Bright For 2022

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

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

Singapore: Broader Macro Shifts Compel Fundamental Policy Changes

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>We expect the Monetary Authority of Singapore to announce a one-off upward re-centering of the S$NEER midpoint alongside a 50-100 basis point steepening of the S$NEER slope.</li>
<li>Uncertainty in the growth outlook has risen due to the fallout from the Ukraine crisis, but this will not be sufficient to stave off monetary tightening given strong inflationary pressures.</li>
<li>Expect more macro-prudential action to address signs of real estate overheating. The government will also hasten the return of foreign workers to limit the surge in wage costs. </li>
</ul>


We expect the Monetary Authority of Singapore to announce a one-off upward re-centering of the S$NEER midpoint alongside a 50-100 basis point steepening of the S$NEER slope.
Uncertainty in the growth outlook has risen due to the fallout from the Ukraine crisis, but this will not be sufficient to stave off monetary tightening given strong inflationary pressures.
Expect more macro-prudential action to address signs of real estate overheating. The government will also hasten the return of foreign workers to limit the surge in wage costs. 


Singapore: Policy Responses to Go Beyond S$NEER Steepening