Q3 growth better than expected; economists upgrade 2018 forecasts
2.6% year-on-year figure beats forecast of 2.4%; growth in first 3 quarters of 3.8% best 9-month performance since 2013
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE'S economy turned in a better-than-expected report card for the third quarter, which led several economists to upgrade their full-year growth forecasts.
Even with trade tensions and emerging market uncertainties casting a pall on the outlook, the economy is still on track to grow at a steady but more subdued clip for the rest of the year and 2019, said economists.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant