Singapore GDP Update – September 2019

By |2019-09-29T02:00:00+08:00September 29th, 2019|Advisory, General, Insights|

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 [...]