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Big Traffic Author of this article: Zhihui 2020-02-17
DBS Group Holdings, a large Asian financial services group, has also revised down its economic growth outlook for Singapore this year,by 1.4% reduced to 0.9%。
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According to Taiwan's "Economic Daily" report on the 17th,Singapore’s Ministry of Trade and Industry stated today (17th),Due to the impact of the new coronavirus epidemic on the tourism and trade industry,Downward revision of this year’s economic growth forecast,The interval is negative 0.5% to positive 1.Between 5%;The baseline is approximately at the midpoint 0.5%。

Previously,Singapore’s forecast range for economic growth does not have a negative value,at 0.5% to 2.Between 5%。The fourth quarter of last year,Singapore’s gross domestic product (GDP) increased by 0 compared with the third quarter.6%,Better than expected 0.1%。Compared with the same period in 2018,GDP growth 1%,Better than expected 0.8%。

Informed by the Ministry of Trade and Industry of Singapore,Singapore’s electronics industry boomed briefly earlier this year,Manufacturing confidence improves,Now we are encountering the new coronavirus epidemic,The economic outlook is once again clouded。The Ministry of Finance will release the government budget tomorrow,It is estimated that there will be a large number of economic stimulus packages。

In addition,Report mentioned,DBS Group Holdings (DBS), one of Asia’s largest financial 188bet app download services groups,The economic growth outlook for Singapore this year has also been revised down recently,by 1.4% reduced to 0.9%。

188bet sports betting app download , original title:The epidemic has impacted tourism and trade. Singapore’s economy is expected to experience negative growth this year》.

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