Analysts upgrade Singapore's GDP growth for 2024, but see slower year ahead
Economists have upgraded Singapore's GDP growth for this year, on the back of new export orders, especially in electronics. In a quarterly survey conducted by the central bank, analysts say ongoing geopolitical conflicts and potential trade tensions pose key risks, leading to slower growth in the year ahead. CNA's Syahida Othman speaks to UOB's Head of Research Suan Teck Kin on how such risks will impact Singapore's inflation, wages and economy.
Economists have upgraded Singapore's GDP growth for this year, on the back of new export orders, especially in electronics. In a quarterly survey conducted by the central bank, analysts say ongoing geopolitical conflicts and potential trade tensions pose key risks, leading to slower growth in the year ahead. CNA's Syahida Othman speaks to UOB's Head of Research Suan Teck Kin on how such risks will impact Singapore's inflation, wages and economy.
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