Singapore sees broader weakening in economic activity

Singapore

THE global economic outlook has dimmed from six months ago, and this discernible weakness in growth expectations will weigh on Singapore's GDP this year more broadly than before, said the Monetary Authority of Singapore (MAS) on Wednesday.

In its biannual macroeconomic review, the central bank stuck to an earlier guidance of 2016 GDP growth at between one and 3 per cent.

Striking a guarded tone, MAS warned of pocke…