3Q2020 GDP

Decline in Singapore's economy comes in better than expected at -5.8% in 3Q2020 - THE EDGE SINGAPORE

Singapore economy

Decline in Singapore's economy comes in better than expected at -5.8% in 3Q2020

GDP not likely to return to pre-Covid levels until the end of 2021," noted Gabriel Lim, Permanent Secretary for MTI.
Rebound in Singapore's economy likely to take longer than previous recessions: MAS - THE EDGE SINGAPORE

Singapore economy

Rebound in Singapore's economy likely to take longer than previous recessions: MAS

How long will it take for Singapore’s economy to reach pre-Covid levels?

Singapore economy

3Q likely start of recovery for Singapore's economy

Economists expect Singapore to have a K-shaped recovery
Singapore's GDP remains in the red with 7% slump in 3Q2020: MTI - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP remains in the red with 7% slump in 3Q2020: MTI

This is a significant improvement from the historic 13.3% plunge logged in 2Q2020 ended June.

Singapore economy

Persistent uncertainty dials back expectations of strong 3Q rebound

Market watchers are looking at a 7.6% y-o-y contraction in the GDP for 3Q2020

Singapore economy

Persistent uncertainty dials back expectations of strong 3Q rebound

market watchers are looking at a 7.6% y-o-y contraction in the GDP for 3Q2020
Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession - THE EDGE SINGAPORE

Singapore economy

Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession

Going into FY21, we foresee the fiscal deficit will continue to be impacted by weak operating revenue,” say RHB economists.
Gloomy prospects for Singapore's 3Q2020 GDP, despite improvements in manufacturing activity and retail sales: CGS-CIMB - THE EDGE SINGAPORE

Singapore economy

Gloomy prospects for Singapore's 3Q2020 GDP, despite improvements in manufacturing activity and retail sales: CGS-CIMB

Singapore’s GDP is slated to contract between 4.5% and 5.5% year-on-year in 3Q2020, CGS-CIMB economists predict.
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