Economists cut Singapore’s 2008 growth outlook

Economists cut Singapore’s 2008 growth outlook
 
SINGAPORE – The Monetary Authority of Singapore said on Wednesday a survey showed economists expected the city-state to grow 4.2 per cent in 2008, down from the 5.5 per cent predicted in an earlier poll.
 
The lower growth prediction comes amid signs of an economic slowdown after a tumble in [...]

Singapore economic growth slows as US woes take toll

Singapore economic growth slows as US woes take toll
 
SINGAPORE – Singapore said Monday economic growth slowed to an annual rate of 2.1 per cent in the second quarter and forecast a decline in key exports, with experts saying the US slowdown had begun to hit Asia.
 
The 2008 economic growth target had also been cut [...]

Singapore’s Q2 GDP contracted less than expected

Singapore’s Q2 GDP contracted less than expected
 
Singapore’s economy contracted 6 percent on-quarter in the second quarter, less than the 6.6 percent initially estimated by the government.
 
the outlook for the second half remains gloomy as deteriorating external conditions will continue to put a drag on growth here.
 
Compared to a year ago, Singapore’s economic growth [...]