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Cloudy with a chance of recession

Singapore economy

Cloudy with a chance of recession

The Edge Singapore Published on Fri, Jul 19, 2019 / 8:00 AM GMT+8

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SINGAPORE (July 22): Consecutive releases of depressing economic data have dampened sentiment and raised the spectre of Singapore’s falling into a recession. Policymakers and economists have recalculated their growth projections and the results are grim: The economy is forecast to expand as little as zero to 1% this year.

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