The Business Times
SUBSCRIBERS

Global economy stumbles, but Singapore uptick still seen

Export demand is less likely a problem for growth than domestic labour market tightness and rising US interest rates

    Published Thu, Nov 20, 2014 · 09:50 PM

    Singapore

    THE global economy - which Singapore now relies on more heavily to support growth given domestic restructuring's drag - has been handed a negative report card in a week heavy with economic data: Japan fell unexpectedly into recession, the eurozone's recovery stalled and China's factory output shrank.

    These rising concerns over global growth will feed into Singapore's own official growth forecast for 2015 - to be announced next Tuesday along with third-quarter gross domestic product (GDP) figures.

    Global economySingapore economySingapore GDP

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More