Singapore’s economy entered a technical recession after shrinking by 41.2% in the second quarter compared to the previous quarter, government data showed.
— Read on www.cnbc.com/2020/07/14/singapores-q2-advanced-gdp-estimates-economy-contracts-12point6percent-year-over-year.html
Tag: Singapore
Singapore Cuts Growth Outlook to Near Zero as Trade War Deepens – Bloomberg
Singapore’s government revised down its forecast for economic growth this year to almost zero amid an escalating trade war and global downturn.
— Read on www.bloomberg.com/news/articles/2019-08-13/singapore-cuts-growth-outlook-to-near-zero-as-trade-war-deepens