Singapore's GDP for 2025 forecast to come in between 1-3%
Singapore's economic growth in 2025 is expected to be weaker than this year. While 2024 is likely to end off strong - growing by around 3.5 per cent - GDP for next year may come in between 1 and 3 per cent. On the trade front, the non-oil domestic exports forecast for this year has also been cut, amid a weaker-than-expected recovery in the second half of the year. Nasyrah Rohim reports.
Singapore's economic growth in 2025 is expected to be weaker than this year. While 2024 is likely to end off strong - growing by around 3.5 per cent - GDP for next year may come in between 1 and 3 per cent. On the trade front, the non-oil domestic exports forecast for this year has also been cut, amid a weaker-than-expected recovery in the second half of the year. Nasyrah Rohim reports.