Singapore faces two tough challenges in 2017 : increasing restrictions on capital flow and the tricky political relationship with China , according to brokerage firm broker Kim ##bank . It said central banks tightening up on possible capital flight in the region could impact negatively on foreign investors looking to buy into the Singaporean housing market . In the political arena , Maybank said the country had to tread a careful path , amid rising tensions between the US and China , as well as contending with other ASEAN countries jockeying for position with the latter countries .
Singapore faces two tough obstacles in 2017: increased restrictions on capital outflow and the tricky political situation with China, according to brokerage firm Maybank Kim Eng. It said central banks tightening up on possible capital flight in the region could impact negatively on foreign investors looking to buy into the Singaporean housing market. In the political arena, Maybank noted the country had to tread a careful path, amid rising tensions between the US and China, as well as contending with other ASEAN countries jockeying for position with the latter nation.