Singapore's GDP contraction to worsen in Q2 on Covid19 impact: MAS_sg
Apart from the external blow to electronics and oil-related manufacturing, modern services is likely to suffer, as will private consumption, according to MAS's Macroeconomic Review.
SINGAPORE'S gross domestic product is likely to contract more sharply in the second quarter than in the first, given the severity of the Covid-19 pandemic abroad and strict measures at home, said the Monetary Authority of Singapore in Tuesday's Macroeconomic Review...
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