Singapore in technical recession after GDP shrinks 41.2% in Q2 from preceding quarter due to COVID-19 | Video

Singapore

Channel NewsAsia - Singapore

Bookmark

Business

Singapore in technical recession after GDP shrinks 41.2% in Q2 from preceding quarter due to COVID-19 | Video

Brandon Tanoto
By Brandon Tanoto (Updated: )

Singapore has entered a technical recession after its economy contracted 41.2 per cent in the second quarter from the previous three months, dragged down by weak external demand and COVID-19 "circuit breaker" measures. CNA's Brandon Tanoto with more.

Tagged Topics

  • Singapore
  • economy

    • More videos for you

    latest videos

    Hands-on with the Samsung Galaxy S21 Ultra plus S Pen | CNA Lifestyle
    Media playtime
    02:40minutes
    Donald Trump leaves office with Republican Party in disarray | Video
    Media playtime
    03:34minutes
    COVID-19 recovery grant reaches 7,000 applications in week of launch | Video
    Media playtime
    02:31minutes
    'Many things could have been done better': COVID-19 task force chiefs on the lessons from the past year of the pandemic | Video
    Media playtime
    03:33minutes
    Mandatory COVID-19 tests for cargo drivers entering Singapore from Tuas and Woodlands checkpoints | Video
    Media playtime
    02:03minutes
    Bun Lai Video Thumbnail - CMS
    Media playtime
    07:48minutes
    SIA Engineering to invest S$40 million on initiatives to boost productivity | Video
    Media playtime
    02:17minutes
    S$30 million fund to help local firms leverage 5G, new tech solutions | Video
    Media playtime
    01:35minutes
    See all videos

    mostpopular