Singapore has decided to tighten its monetary policy for the first time in six years as part of efforts to cope with risks of global trade tension, local authorities announced on April 13.
Singapore’s economy grew 3.5 percent in 2017, the country’s Ministry of Trade and Industry (MTI) said on January 2.
The Ministry of Trade and Industry (MTI) of Singapore said on November 23 that it decided to adjust the country’s economic forecast this year to 3-3.5 percent from an earlier prediction of 2-3 percent.
Vietnam attracted more than 1,900 foreign direct investment (FDI) projects from Singaporean businesses in January-October, which were valued at 41.7 billion USD.
The Singapore economy expanded by 4.6 percent year on year in the third quarter of this year, the highest growth in three years, according to the Ministry of Trade and Industry (MTI).
The Singaporean Government on August 11 forecasted the country’s economy is likely to grow at 2.5 percent in 2017 after a better-than-expected performance in the second quarter.
Singapore’s Ministry of Trade and Industry reported that the country’s GDP expanded 2.5 percent in the second quarter on a yearly basis.
Singapore’s economy is forecast to expand 3 percent in 2017, said the Monetary Authority of Singapore (MAS).
Singapore is expected to have a GDP growth rate of 2.2 percent this year and 2.5 percent in 2018, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP).
Singapore’s economy expanded by 2.5 percent in the first quarter of 2017, lower than the growth of 2.9 percent in the final quarter of 2016.
The Monetary Authority of Singapore (MAS) has raised the forecast of the country’s economic growth in 2017 from 1.5 percent to 2.3 percent.
The Ministry of Trade and Industry (MTI) of Singapore has forecasted that the country’s economy will expand by between 1-3 percent in 2017 following a growth rate of 2 percent last year.
Singapore’s economy grew by 1.8 percent in the fourth quarter of 2016, a rise of 1.8 percent year – on –year, according to estimates by Ministry of Trade and Industry on January 3.
Singapore’s economy grew over 1 percent in 2016, Singaporean Prime Minister Lee Hsien Loong said in his New Year 2017 message.
Singaporean private sector economists have forecast the nation’s economic growth at 1.4 percent this year, down from their previous projection of 1.8 percent, according to a survey by the Monetary Authority of Singapore (MAS) on December 14.
Analysists lowered Singapore’s economic growth forecast in 2017 from 2.1 percent to 1.8 percent, equal to the level of 2016, following the results of a survey conducted by the Monetary Authority.
Singapore has lowered its economic growth forecast for 2016 to between 1-2 percent, down from the initial range of 1-3 percent, the Singaporean Ministry of Trade and Industry (MTI) said on August 11.
The Singaporean economy grew 2.2 percent on a year-on-year basis in the second quarter of this year, marginally higher than the 2.1 percent expansion in the previous quarter.
