Reply to @diyquant : The Ministry of Trade and Industry (MTI) said on Tuesday (May 21) that it now expects gross domestic product (GDP) for this year to come in at 1.5 per cent to 2.5 per cent, compared with the previously estimated 1.5 to 3.5 per cent range.
This comes as Singapore’s economy grew 1.2 per cent year-on-year for the first quarter of 2019 – the slowest growth since the second quarter of 2009 – amid an escalation in the trade spat between the United States and China.
That was in mid may. Wonder what is the percentage now given market keep falling
Straits Times Index (INDEX: ^STI)
3186.130
-19.330 (-0.60%)
Straits Times Index (INDEX: ^STI)
3197.010
-8.450 (-0.26%)
Reply to @diyquant : The Ministry of Trade and Industry (MTI) said on Tuesday (May 21) that it now expects gross domestic product (GDP) for this year to come in at 1.5 per cent to 2.5 per cent, compared with the previously estimated 1.5 to 3.5 per cent range.
This comes as Singapore’s economy grew 1.2 per cent year-on-year for the first quarter of 2019 – the slowest growth since the second quarter of 2009 – amid an escalation in the trade spat between the United States and China.
Read more at https://www.channelnewsasia.com/news/busin...