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Latest Articles in singapore economy

Singapore Economy Seeing Signs Of Stabilisation, PM Says

Singapore's economy is likely to contract between 6% and 6.5% this year, marking its worst recession, and grow 4% to 6% in 2021.

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Singapore's Economy To Return To Growth In 2021 After Worst Slump

Gross domestic product (GDP) fell 5.8% year-on-year in the third quarter, the ministry of trade and industry said on Monday, smaller than the 7% drop seen in the government's advance estimate.

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Singaporeans Snap Up Properties During Worst Ever Recession

Singaporeans bought nearly 81% of all private apartments sold in the third quarter, the highest proportion since early 2009, according to an analysis by property agency OrangeTee and Tie.

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Business Investment Into Singapore Surges To Seven-Year High

Commitments for investments in fixed assets such as facilities, machinery and other equipment surged to S$15.2 billion ($11.3 billion) in 2019, well above a forecast range of S$8-10 billion, according to Economic Development Board (EDB) data.

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