25-05-2023, 04:53 PM
(25-05-2023, 04:49 PM)Tee tiong huat Wrote: Growth in developing Asia is forecast at 4.8% this year and in 2024, up from 4.2% last year...while
Singapore GDP grew 0.4% in Q1; full-year growth expected at mid-point of 0.5 to 2.5% range.
https://www.businesstimes.com.sg/singapo...5-25-range
Singapore upbeat travel boom can cushion economy from recession despite global slowdown woes
GDP declined an annualised 0.4 per cent in the January-March period from the previous 3-months
The the city does not expect technical recession this year as a rebound in tourism props up growth as well as employment.
https://www.scmp.com/news/asia/southeast...nd-weakens