Singapore’s 3Q19 economic growth kept its nose in positive territory, eking out 0.1 percent on-year growth, advance data from MTI showed Monday.
Singapore is likely to meet slowing economic growth with targeted fiscal help, Selina Ling, head of treasury research and strategy at OCBC, said Tuesday.
Singapore’s GDP growth forecast has been cut to 0.0 percent to 1.0 percent for 2019, amid the escalation of the U.S.-China trade war, the MTI said Tuesday.
Maybank Kim Eng cut its outlook for Singapore economic growth Friday after second-quarter data came in worse than expected, with a rising recession risk.
Singapore’s economy barely grew in the second quarter, with GDP edging up 0.1 percent on-year, according to MTI’s preliminary estimates Friday.
Global markets may have heaved a sigh of relief after this weekend’s G-20 meeting in Japan, but the trade-war hostilities likely won’t end anytime soon.
Singapore’s MTI lowered its economic growth forecast for the city-state to 1.5 percent to 2.5 percent for 2019, from 1.5 percent to 3.5 percent previously.
Singapore’s 1Q19 GDP growth slowed to 1.3% on-year, from 1.9% in 4Q18, off a high base of 4.7% growth in 1Q18, according to preliminary data Friday.
Singapore’s 4Q18 economic growth slowed to 1.9% on-year as the construction and wholesale & trade sectors contracted, MTI said Friday.
Singapore’s economic growth was expected to slow further heading into 2019, amid forecasts for weaker global demand and concerns over the U.S. trade war, analysts…
Singapore’s gross domestic product (GDP) grew 2.2 percent on-year in the fourth quarter, down from 2.3 percent in the previous period, missing economists’ forecasts, according…
Singapore’s economy grew 2.2 percent on-year in the third quarter, slowing from 4.1 percent growth in the second quarter, the Ministry of Trade and Industry…