gross domestic product (GDP)

Tong's Portfolio

Domestic consumption and households demonstrate resilience

The Covid-19 pandemic has wreaked havoc on global economies, which may take some time to fully recover, what with the recent resurgence in new cases that has forced a slowdown in the reopening of t

Singapore's GDP remains in the red with 7% slump in 3Q2020: MTI - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP remains in the red with 7% slump in 3Q2020: MTI

Singapore’s Gross Domestic Product (GDP) slumped 7% year-on-year in 3Q2020 ended September, according to advance estimates penciled by the Ministry of Trade and Industry (MTI) on Oct 14.

Singapore economy

Economists upbeat on Singapore growth post-2Q20 advanced GDP

SINGAPORE (July 14): Following the release of advance gross domestic product (GDP) estimates by the Ministry of Trade and Industry on Tuesday morning, economists are buoyant on Singapore’s economic

Singapore economy

Singapore 2Q20 GDP slumps by 12.6% according to flash data: MTI

SINGAPORE (July 14): Singapore’s gross domestic product (GDP) slumped 12.6% y-o-y in 2Q20, according to advance estimates released by the Ministry of Trade and Industry (MTI) on Tuesday.

Global Economy

2Q20 GDP data likely to emerge on upside despite uncertainties: Oxford Economics

SINGAPORE (July 2): Gross domestic product (GDP) numbers may be likely to emerge on the upside for 2Q20 relative to consensus forecasts, says Oxford Economics senior economist Tamara Vasiljev.

Global Economy

OECD reports record fall of 3.4% in G20 GDP for 1Q20

SINGAPORE (June 11): The Organization for Economic Cooperation and Development (OECD) announced that the real gross domestic product (GDP) across the G20 countries fell by 3.4% in 1Q20 due to the c

Global Economy

BNP Paribas downbeat on 2H outlook as policy measures to spur economy may backfire

SINGAPORE (June 3): Policy measures undertaken by governments and central banks may not have their desired effect to mitigate the economic impact of the novel coronavirus (Covid-19) pandemic, warns

Singapore economy

Singapore economy faces worst recession since independence with growth expected to fall between -7% and -4% : MTI

SINGAPORE (May 26): Singapore’s economy is looking at its worst recession since independence, with gross domestic product (GDP) forecast to contract between 7% and 4% this year.

Singapore economy

Singapore's economy plunges in early sign of pain in Asia

(Mar 26): Singapore’s economy contracted the most in a decade in the first quarter, a bellwether for the rest of Asia as the fast-spreading coronavirus continues to shut down vast parts of the worl

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