Exclusive
ECONOMY | Staff Reporter, Singapore
view(s)

These 2 indicators suggest little prospect for a significant economic recovery

BMI Research sees Singapore economy to come in at a middling 2.3%.

According to recent report by BI Research, it sees little prospect for a significant recovery in Singapore's export growth over the coming year amid poor external demand conditions and ongoing domestic structural difficulties.

In line with its expectations for lacklustre real export growth in 2016 (2.2%), it has downgraded it 2015 real GDP forecast to 2.3%, from 2.5% previously.

That said, it retains its view that Singapore's underlying economic fundamentals will remain robust as characterised by a healthy labour market and robust real wage growth.

 

Click Here to see slideshow

These 2 indicators suggest little prospect for a significant economic recovery

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.