Firms in Singapore report worst performance since 2008 World

Firms in Singapore report worst performance since 2008

Enterprises in Singapore recorded their worst performance in the first quarter of 2020 since the global financial crisis of 2008 as the COVID-19 pandemic pushed the economy to stagnation, a recent business climate survey showed.
Singapore lowers GDP growth due to COVID-19 World

Singapore lowers GDP growth due to COVID-19

The Ministry of Trade and Industry of Singapore downgraded its economic growth forecast to between 0.5-1.5 percent from the rate of between 0.5-2.5 percent estimated in November 2019.
Singaporean economy forecast to expand 0.7 pct in 2019: MAS World

Singaporean economy forecast to expand 0.7 pct in 2019: MAS

The Singapore economy is expected to grow 0.7 percent this year, up from 0.6 percent in the previous survey in September, according to the latest quarterly poll of professional forecasters by the Monetary Authority of Singapore (MAS) released December 11.
Singapore’s PMI hits 33-month high World

Singapore’s PMI hits 33-month high

Singapore’s purchasing managers’ index (PMI), an early indicator of manufacturing activity, posted a reading of 51.5 points in August, the highest figure since November 2014, reported the Singapore Institute of Purchasing and Materials Management (SIPMM).
Singapore's GDP grows 0.6 percent in Q3 World

Singapore's GDP grows 0.6 percent in Q3

The Singaporean economy grew by 0.6 percent in the third quarter of this year, the country’s Ministry of Trade and Industry (MTI) announced on October 14.
AEC helps Singapore’s GDP surge ASEAN

AEC helps Singapore’s GDP surge

The formation of the ASEAN Economic Community (AEC) at the end of this year could create massive motivation for the Singaporean economy, experts say.
World

Singapore expects lowest inflation in three years

Singapore’s inflation is expected to hit a three-year low due to plunging oil prices and global growth uncertainty, according to a quarterly survey released by the Singapore Management University on January 19.