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Singapore's growth outlook more cautious as US tariffs hit: MAS

02:31 Min
Singapore’s growth outlook has turned more cautious amid an increasingly challenging global trade environment following US tariffs. This is according to the Monetary Authority of Singapore's report released on Apr 28. It says these tariffs act like a tax on Singapore exporters, squeezing their profits and forcing them to cut production. Analysts say small and medium enterprises in trade-focused sectors will need more help to manage cash flows. Nasyrah Rohim with more.
Singapore’s growth outlook has turned more cautious amid an increasingly challenging global trade environment following US tariffs. This is according to the Monetary Authority of Singapore's report released on Apr 28. It says these tariffs act like a tax on Singapore exporters, squeezing their profits and forcing them to cut production. Analysts say small and medium enterprises in trade-focused sectors will need more help to manage cash flows. Nasyrah Rohim with more.
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