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Recovery in tech cycle, easing of interest rates expected to drive Singapore's economic growth

26/04/24

A recovery in the global tech cycle and cutting of interest rates by major central banks are expected to keep Singapore's economy growing this year. In its biannual report, the Monetary Authority of Singapore maintained its GDP forecast of between one and three per cent for the full year. This is even as industrial performance fell in March's latest print. Eugene Chow reports.

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