gross domestic product (GDP)

Singapore's 2019 GDP growth forecast to moderate to 2.4% on external headwinds
SINGAPORE (Mar 18): The Institute of Chartered Accountants in England and Wales (ICAEW) is expecting Singapore’s GDP growth to moderate to 2.4% in 2019 from 3.2% in the previous year, against the backdrop of a more challenging environment for exports and the manufacturing sector. This is according to the institute’s latest Economic Insight: South-East Asia report, which is produced by ...
Bright spots to be found in bleak 2019 global growth outlook: Fitch
SINGAPORE (Jan 18): Fitch Ratings says decent US domestic demand and real GDP growth of over 6% for China are still two achievable scenarios in 2019, in spite of market concerns of a sharp downturn in growth this year. According to a note issued by Fitch on Thursday, the ratings agency says the broad contours of its Dec 2018 Global Economic Outlook (GEO) forecasts for 2019 – which entail ...
Don't let your investing guard down in 2019, says RHB
SINGAPORE (Dec 26): RHB Research is targeting 3,300 for the Straits Times Index (STI) by end-2019 and advises investors to remain defensive amid anticipated volatility in the year ahead – by focusing on buying stocks that offer stable earnings, strong balance sheets and sustainable dividends. The research house’s caution comes despite inexpensive overall market valuations, in the research ...
Trade protectionism the biggest threat to Singapore's economy: MAS survey
SINGAPORE (Dec 12): Trade protectionism is cited as the top risk among local economists, as suggested by the latest findings of the Monetary Authority of Singapore’s (MAS) Dec 2018 survey of professional forecasters, which reflect the views of 23 economists and analysts who closely monitor the Singapore economy. Based on the latest survey’s findings, 100% of respondents cited an ...
Global GDP growth to ease in 2019, dragged by emerging markets & China: Oxford Economics
SINGAPORE (Oct 18): Oxford Economics is anticipating a slowdown in global economic growth from this year’s 3.1% to 2.8% in 2019, a forecast that comes in slightly below consensus to reflect its pessimistic views on emerging markets (EM) and in particular, China. The research firm continues to see a moderate, slightly sharper slowdown in global GDP growth for 2019 on the back of negative ...
Trade protectionism, China economy seen as increasingly risky to Singapore's GDP growth
SINGAPORE (Sept 5): The Singapore economy is forecast to expand by 3.2% this year before growth eases to 2.7% in 2019, according to the latest survey of economists and analysts conducted by the Monetary Authority of Singapore (MAS). Both full-year forecasts remain unchanged from the previous month’s survey, whose mean probability distribution reflected that the most likely outcome is for ...
MTI foresees slower 2H for Singapore's economy; maintains 2018 GDP growth forecast at 2.5-3.5%
SINGAPORE (Aug 13): The Ministry of Trade and Industry (MTI) expects Singapore’s economic pace of expansion to moderate in 2H18 against an external backdrop of a weakening global growth outlook, as well as increased uncertainties and risks in the global economy. This comes even as MTI maintains its GDP growth forecast for 2018 at 2.5-3.5%, highlighting the “strong performance” of the ...
Singapore GDP growth eases to one-year low: MTI prelim data
SINGAPORE (July 13): Singapore’s economy expanded at a slower pace than forecast in the second quarter, clouding the outlook for the export-reliant city state at a time when global trade risks are rising. Gross domestic product rose at a seasonally adjusted, annualised rate of 1% from prior three months, according to preliminary data from trade ministry on Friday. The Bloomberg survey median ...
Would the HSR project have made us happier?
SINGAPORE (June 11): In the bad old days, when Singapore Airlines and Malaysia Airlines dominated flights between Singapore and Kuala Lumpur, a return plane ticket between the two cities could cost some $400. For a flight that takes less than an hour, it felt like a rip-off. So, I would often take a bus, which was less salubrious but a lot cheaper and offered a variety of conveniently located ...
Travel & tourism forecast to attract nearly $21 bil in capital investments to Singapore in 2018
SINGAPORE (Mar 22): Capital investment in Singapore’s travel & tourism sector is expected to rise 4.5% to $20.9 billion in 2018 from $20 billion in 2017, and rise by another 5% per annum over the next decade to $33.9 billion in 2028. This is according to the latest projections by the World Travel and Tourism Council’s (WTTC) country report on Singapore, which comes as part of its ...