GDP growth forecast

Singapore economy

Singapore expects to avoid recession this year

The MTI maintained its full-year GDP growth forecast of between 0.5% and 2.5%, with growth likely to come in around the midpoint.
Recessionary risks still abound in increasingly 'two-sided economy': Analysts - THE EDGE SINGAPORE

Singapore economy

Recessionary risks still abound in increasingly 'two-sided economy': Analysts

Maybank economists have raised the probability of a recession over the next 12 months to 12% as of this month, from 9% in October.
Economists keep growth forecasts unchanged following return to tighter measures but warn of downside risks - THE EDGE SINGAPORE

Singapore economy

Economists keep growth forecasts unchanged following return to tighter measures but warn of downside risks

Economists have maintained their GDP forecasts pending further clarity on the Covid-19 situation.

Singapore economy

1Q2021 GDP growth a 'pleasant surprise', but further uncertainties abound

Given the growing uncertainty, economists are largely keeping their full-year 2021 forecasts intact for now.
Singapore's 1Q21 GDP 'pleasant surprise'; economists mostly keep 2021 GDP growth forecast between 5.5% to 8% - THE EDGE SINGAPORE

Singapore economy

Singapore's 1Q21 GDP 'pleasant surprise'; economists mostly keep 2021 GDP growth forecast between 5.5% to 8%

Economics professor Jamus Lim says he is "quietly optimistic that" FY2021 GDP will fall on the upper end of the 4-6% range.
Return to Phase 2 measures unlikely to impact Singapore's GDP growth for 2021; K-shaped recovery expected: UOB - THE EDGE SINGAPORE

Covid-19

Return to Phase 2 measures unlikely to impact Singapore's GDP growth for 2021; K-shaped recovery expected: UOB

UOB economist Barnabas Gan's remarks come as social restriction measures are tightened from May 8 to 30.
Analysts upbeat on Singapore recovery, while predicting a slowdown in growth momentum in 4Q - THE EDGE SINGAPORE

Broker's Calls

Analysts upbeat on Singapore recovery, while predicting a slowdown in growth momentum in 4Q

The economists have mainly maintained their GDP forecasts for the FY2020 and FY2021.

China Focus

China to abandon numerical GDP target on 'great uncertainty'

The shifting away from a hard target for output growth breaks with decades of Communist Party planning habits and is an admission of the deep rupture that the disease has caused in the world’s second-largest economy.

Markets

IMF cuts growth forecast but MAS expects recovery; Kimly buys canteens

SINGAPORE (Oct 28): The International Monetary Fund has slashed its 2019 growth prediction for Singapore to 0.5%, down from its July estimate of 2%. This is IMF’s second downward revision for the city state; in its World Economic Outlook report in April
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