Less liquidity, higher wages will hit businesses hard, and property may disappoint
BUSINESS AND THE ECONOMY
Identifying the big business themes every year is in itself big business for consultants and strategists advising companies on risks and investment decisions.
Many predictions invariably fall through with unforeseen events that derail earlier forecasts.
For example, the United States Federal Reserve's unexpected comments on imminent tapering of its bond purchases sent the Singapore stock market into a tailspin in May, with funds pulling out quickly.