September 29, 2019

Singapore GDP Update – September 2019

On 13th August 2019, Singapore’s   Ministry of Trade and Industry slashed it’s 2019 GDP forecast to zero to 1% -this is in contrast to the forecast of 1.5% to 2.5%. With the expected continued decline in the economy, Singapore is in a technical recession. In our earlier write up we predicted that the challenges are…

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Paul Wan, FCA