International Finance

Tag : ministry of trade and industry

EconomyFeatured

Singapore doubles down on AI boom, raises forecast after Q2 GDP growth

International Finance Business Desk
In its second GDP upgrade of the year, Singapore's Ministry of Trade and Industry lifted its forecast to 4.5%-5.5%, from the previous range of 2%-4%...
Economy

Singapore’s factory output dips, drags down Q2 growth

Island nation’s growth forecast for 2014 also revised downward following reversal after first quarter growth, reports Team IFM Singapore, July 18, 2014: Singapore’s growth shrunk in the second quarter after notching an ascent in the first, primarily because of a decline in the manufacturing sector, prompting financial institutions to downgrade their GDP foresight for 2014...