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DBS cuts Singapore's 2020 growth forecast to 0.9%

Fiona Lam

Published Fri, Feb 7, 2020 · 09:50 PM

Singapore

DBS Group Research has downgraded its growth forecast for Singapore's 2020 real gross domestic product (GDP) to 0.9 per cent, from 1.4 per cent previously.

This takes into account the likely hits to consumer and business sentiment, tourism and the regional supply chain from the novel coronavirus outbreak, DBS senior economist Irvin Seah said in a research note on Friday.

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Singapore

DBS cuts Singapore's 2020 growth forecast to 0.9%

Fiona Lam

Economy & Policy

NTUC aims to do more to support PMEs, who now account for nearly half its membership

Daily Debrief: What Happened Today (Apr 25)

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey

Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF

Daily Debrief: What Happened Today (Apr 23)

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