Fitch’s Ratings Bode Well for
Singapore Businesses
Fitch’s recent positive ratings of Asia’s economy vis-a-vis Eurozone’s will
bode well for businesses in Singapore, says Rikvin.
According to recently released data from Fitch Ratings, Asian economies
have...
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Fitch’s Ratings Bode Well for
Singapore Businesses
Fitch’s recent positive ratings of Asia’s economy vis-a-vis Eurozone’s will
bode well for businesses in Singapore, says Rikvin.
According to recently released data from Fitch Ratings, Asian economies
have better immunity to Eurozone’s fiscal issues than other regions as they
have 1) limited exposure to European banks and 2) are more dependent on
trade of consumer exports than they are of foreign bank lending.
Fitch also did
not revise China’s growth forecast from 8%, asserting that the country will not
experience a hard landing in the near-term.
Singapore company registration specialist Rikvin is optimistic that Fitch’s
latest ratings will bode well for Singapore businesses as China’s growth story
is intimately connected to Singapore’s and vice versa, the republic’s growth
story is part of Asia’s larger growth story.
Furthermore, Fitch’s ratings highlight
Singapore’s role in contributing to Asia’s growth story.
Rikvin has also det
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