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Singapore FDI rising on both approvals and actual
HSBC noted FDI actually picked up during the financial crisis as investment in the recent integrated resort developments was realised.
“The trend is clearly upward, which has so far helped to offset the portfolio deficit. Moreover, with that deficit declining, FDI inflows will start to add to a further positive support from SGD appreciation,” said HSBC Global Research.
FDI is likely to remain strong and aid SGD appreciation, given Singapore's positive business environment and a solid fundamental economic picture, added HSBC.
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