GDP
UOB cuts Singapore 2025 growth forecast to 1.5%
UOB cuts Singapore 2025 growth forecast to 1.5%
Direct cash or voucher disbursements and employment support could cushion the impact.
Economy grew 3% in H1
GDP growth was slightly slower in Q2 as the manufacturing sector shrunk.
UOB, RHB keeps growth forecast unchanged following 2.7% GDP expansion in Q1
UOB sees economy growing 2.9% this year, while RHB's estimates at 2.5%.
McKinsey sees Singapore’s manufacturing constrained, services resilient
Advanced estimates showed GDP grew 1.2% in 2023.
3 reasons why Singapore’s growth momentum will improve in 2H23
RHB expects GDP to grow 2.0% in 2023, a higher estimate than the government's.
Economy to grow 1.7% in 2023; manufacturing, trade to underperform
Manufacturing weakness to spillover to wholesale trade and impact services growth.
Economy slows to 0.4% growth in Q1
The recovery of international visitor arrivals propels growth in accommodation and IT sectors.
GDP to expand 0.5% to 2.5% in 2023: MTI
External demand outlook has weakened as US, Eurozone economies decelerate.
Economic growth slows down in 2022
For the full year, GDP only increased by 3.8%.
Clearer ‘two–sided economy’ in Singapore expected in 2023: Maybank
Economic growth will likely decelerate to 1.5% next year.
StanChart forecasts GDP growth to ease 4.1% in 2022
This is given the unfavourable base effect and the moderation of global growth and trade levels.
GDP growth to moderate to 3.8% in 2022
In 2021, GDP growth hit 7.1%.
Singapore GDP up 6.5% in 3Q21
The quarter’s GDP moderates from 15.2% in 2Q21.
Chart of the Day: SG healthcare spending to reach $45.9b in 2030
Fitch Solutions expects the government to ramp up its healthcare expenditure in the coming years.
Economy soars by 14.3% in second quarter: MTI
Analysts upgraded their full-year GDP forecasts as the economy slowly recovers to pre-pandemic levels.
Economy to have uneven recovery in 2021: Standard Chartered
Certain business sectors will continue to struggle amidst labour shortages and mobility restrictions.
Economic growth could exceeed 4-6% forecast: MAS
MAS Managing Director Ravi Menon said the government could upgrade its GDP forecast for 2021.
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