{"id":8714,"date":"2025-11-04T05:39:33","date_gmt":"2025-11-03T21:39:33","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=8714"},"modified":"2025-11-04T05:39:33","modified_gmt":"2025-11-03T21:39:33","slug":"sti-10000-how-the-narrative-on-singapore-is-changing","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=8714","title":{"rendered":"STI 10,000: How the narrative on Singapore is changing"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"article-body-container\">\n<p> <iframe loading=\"lazy\" id=\"podcast-0cd4cdc9-752d-4d0f-9140-b325370103d0\" src=\"https:\/\/omny.fm\/shows\/bt-correspondents\/sti-10-000-how-the-narrative-on-singapore-is-changing\/embed?style=cover&amp;size=\" height=\"180\" width=\"100%\" data-size=\"wide-image\" class=\"mx-auto max-w-full mb-4 md:mb-6\" data-testid=\"article-inline-podcast-component\" title=\"Podcast\"><\/iframe> <\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Could the Straits Times Index (STI) really hit 10,000 by 2040? That was the headline-grabbing projection from DBS, one that drew plenty of raised eyebrows, a few hopeful nods, and a lot of keyboard economists.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">In the latest\u00a0<em>Mark to Market<\/em>\u00a0from\u00a0<em>The Business Times<\/em>, senior correspondent Ben Paul examines the logic behind the number and what it might reveal about a changing narrative in Singapore\u2019s market. Because beneath the bullish forecast lies something more interesting: a quiet shift in sentiment that could redefine how investors see Singapore stocks.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\"><strong>Why listen<\/strong><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Paul breaks down what this turning point could mean for investors and companies alike:<\/p>\n<ul class=\"list-outside list-disc mb-4 md:mb-6 [&amp;&gt;ul]:list-outside [&amp;&gt;ul]:list-decimal [&amp;&gt;ul]:pl-8 pl-8 md:pl-8\" data-testid=\"article-list-bulleted-component\">\n<li class=\"whitespace-pre-wrap text-xl\"><strong>The big call:<\/strong>\u00a0Why DBS\u2019s long-term view on Singapore\u2019s GDP, currency and equity market may not be as far-fetched as it sounds.<\/li>\n<\/ul>\n<ul class=\"list-outside list-disc mb-4 md:mb-6 [&amp;&gt;ul]:list-outside [&amp;&gt;ul]:list-decimal [&amp;&gt;ul]:pl-8 pl-8 md:pl-8\" data-testid=\"article-list-bulleted-component\">\n<li class=\"whitespace-pre-wrap text-xl\"><strong>The catalysts:<\/strong>\u00a0From AI-driven productivity to mega-projects like Tuas Port and Changi Terminal 5 how structural change could reignite growth.<\/li>\n<\/ul>\n<ul class=\"list-outside list-disc mb-4 md:mb-6 [&amp;&gt;ul]:list-outside [&amp;&gt;ul]:list-decimal [&amp;&gt;ul]:pl-8 pl-8 md:pl-8\" data-testid=\"article-list-bulleted-component\">\n<li class=\"whitespace-pre-wrap text-xl\"><strong>The catch:<\/strong>\u00a0Why investors need to think beyond dividends, and why complacency could be the biggest risk in a rising market.<\/li>\n<\/ul>\n<ul class=\"list-outside list-disc mb-4 md:mb-6 [&amp;&gt;ul]:list-outside [&amp;&gt;ul]:list-decimal [&amp;&gt;ul]:pl-8 pl-8 md:pl-8\" data-testid=\"article-list-bulleted-component\">\n<li class=\"whitespace-pre-wrap text-xl\"><strong>The shift:<\/strong>\u00a0How Singapore\u2019s story might finally be moving from defensive to dynamic and what that means for valuations, Reits and the STI\u2019s next generation of listings.<\/li>\n<\/ul>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Forecasts are rarely gospel, but they can be useful mirrors of confidence. After years of neglect, Singapore\u2019s stock market might just be rediscovering its swagger.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">So, is STI 10,000 really impossible or simply inevitable?<\/p>\n<div data-component=\"component-container\" class=\"container px-0 no-print\">\n<div class=\"no-print md:-mx- py-10\">\n<div class=\"no-print mb-6 border border-gray-175 p-6 md:p-8 lg:-mx-8\" data-testid=\"article-newsletter-component\">\n<div data-component=\"generic-newsletter\">\n<h5 class=\"mb-6 border-b border-gray-175 pb-2 !font-poppins text-4xs font-medium uppercase leading-normal tracking-widest text-gray-515\">BT in your inbox<\/h5>\n<div class=\"flex py-3 md:px-10 md:py-6\"><img loading=\"lazy\" decoding=\"async\" alt=\"Newsletter Img\" class=\"hidden h-auto max-w-full self-start min-[321px]:block\" width=\"75\" height=\"75\" src=\"https:\/\/www.businesstimes.com.sg\/assets-web2\/generic_newsletter-CGny2zps.png\"\/><\/p>\n<div class=\"min-[321px]:pl-4 md:pl-6\">\n<p role=\"description\" class=\"mb-3 font-public-sans text-base font-light tracking-normal text-gray-850 md:text-lg\">Start and end each day with the latest news stories and analyses delivered straight to your inbox.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Find out in the latest episode of\u00a0<em>Mark to Market<\/em>, or wherever you get your podcasts.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Mark to Market is a podcast of BT Correspondents. Look out for the next episode featuring wealth editor, Genevieve Cua. And if you have any thoughts or questions, feel free to reach out to us at\u00a0<a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.businesstimes.com.sg\/podcasts\/mailto:btpodcasts@sph.com.sg\" target=\"_blank\" rel=\"noopener\">btpodcasts@sph.com.sg<\/a>.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Written and hosted by: Ben Paul (benpaul@sph.com.sg)<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Edited by: Howie Lim &amp; Claressa Monteiro<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Produced by: Ben Paul, Howie Lim &amp; Chai Pei Chieh<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">A podcast by BT Podcasts, <em>The Business Times<\/em>, SPH Media<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">&#8212;<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Follow BT Correspondents:<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Channel: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btcobt\" target=\"_blank\" rel=\"noopener\">bt.sg\/btcobt<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Amazon: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btcoam\" target=\"_blank\" rel=\"noopener\">bt.sg\/btcoam<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Apple Podcasts: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btcoap\" target=\"_blank\" rel=\"noopener\">bt.sg\/btcoap<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Spotify: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btcosp\" target=\"_blank\" rel=\"noopener\">bt.sg\/btcosp<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">YouTube Music: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btcoyt\" target=\"_blank\" rel=\"noopener\">bt.sg\/btcoyt<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Website: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btcorresp\" target=\"_blank\" rel=\"noopener\">bt.sg\/btcorresp<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party\u2019s products and services. Please consult professional advisors for independent advice.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">&#8212;<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Discover more BT podcast series:<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">BT Money Hacks: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btmoneyhacks\" target=\"_blank\" rel=\"noopener\">bt.sg\/btmoneyhacks<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">BT Podcasts: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/pcOM\" target=\"_blank\" rel=\"noopener\">bt.sg\/pcOM<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">BT Market Focus: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btmktfocus\" target=\"_blank\" rel=\"noopener\">bt.sg\/btmktfocus<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">BT Lens On: <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/bt.sg\/btlenson\" target=\"_blank\" rel=\"noopener\">bt.sg\/btlenson<\/a><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.businesstimes.com.sg\/podcasts\/sti-10000-how-narrative-singapore-changing\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Could the Straits Times Index (STI) really hit 10,000 by 2040? That was the headline-grabbing projection from DBS, one that drew plenty of raised eyebrows,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-8714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/8714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8714"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/8714\/revisions"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}