SINGAPORE—Singapore’s company, family and monetary sectors are in fine condition to face up to shocks, however nonetheless face dangers that would check their resilience, a evaluate by the nation’s central financial institution confirmed.
The Financial Authority of Singapore’s Monetary Stability Evaluation, which gauges how properly the city-state’s monetary system can climate international dangers and home vulnerabilities, discovered that almost all corporations, banks and households have adequate buffers to handle shocks to earnings and financing prices. Stress checks confirmed broad resilience among the many sectors but in addition some weak spots which can be extra susceptible to the influence of things like excessive rates of interest and slower international progress, in response to the evaluate launched Monday.
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