Minister of Trade and Industry (MTI)

Singapore GDP grew 2.6% y-o-y in 3Q: MTI advance estimates

SINGAPORE (Oct 12): The Singapore economy grew by 2.6% on a year-on-year basis in the third quarter of 2018, moderating from the 4.1% growth in the previous quarter, based on advance estimates by the Ministry of Trade and Industry.

On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded by 4.7%, faster than the 1.2% growth in the preceding quarter.

The manufacturing sector grew by 4.5% on a year-on-year basis in the third quarter, slower than the 10.6% growth in the previous quarter.

3 stocks to focus on now that the CFE report is out

SINGAPORE (Feb 10): CIMB Research is highlighting its most preferred stocks from various sectors which it thinks could benefit from the strategies set by the Singapore government for the long term, following yesterday’s release of the long-awaited Committed on the Future Economy (CFE) report.

(See also: Singapore charts path for growth as globalisation mood darkens)

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