13 Jun '12, 4am

[ST] Singapore economy expected to grow 3% despite euro zone crisis

[ST] Singapore economy expected to grow 3% despite euro zone crisis

Economists have upgraded their forecast for the Singapore economy even as they warn of the huge risks that remain. -- ST PHOTO: ALPHONSUS CHERN By Aaron Low Economists have upgraded their forecast for the Singapore economy even as they warn of the huge risks that remain. A survey of 21 private sector economists by the central bank said that the economy will expand by 3 per cent this year, up from 2.5 per cent in a previous survey. Construction and tourism are expected to do well, while manufacturing and exports should hold up despite the euro zone crisis, they said. Inflation will climb to 4.2 per cent for the whole year, on the back of strong property rentals and car prices while unemployment will stay low at 2.3 per cent. Please enable JavaScript to view the comments powered by Disqus. blog comments powered by Disqus

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

Tweets

Singapore could be worst-hit Asian economy in full-blown euro crisis

Singapore could be worst-hit Asian economy in f...

channelnewsasia.com 14 Jun '12, 2pm

SINGAPORE: Singapore is expected to be one of the worst-impacted economies in Asia, should the eurozone enter into a full-...

#singapore Glucerna Check 3 Action Zone

thingstodosingapore.com 12 Jun '12, 6am

Things to do Singapore! : Glucerna Check 3 Action Zone Another thing to do in Singapore : Things to do Singapore! : Glucer...

#singapore Glucerna Check 3 Action Zone

thingstodosingapore.com 12 Jun '12, 6am

Things to do Singapore! : Glucerna Check 3 Action Zone Another thing to do in Singapore : Things to do Singapore! : Glucer...

#singapore Glucerna Check 3 Action Zone

thingstodosingapore.com 12 Jun '12, 6am

Things to do Singapore! : Glucerna Check 3 Action Zone Another thing to do in Singapore : Things to do Singapore! : Glucer...

#singapore Glucerna Check 3 Action Zone

thingstodosingapore.com 12 Jun '12, 6am

Things to do Singapore! : Glucerna Check 3 Action Zone Another thing to do in Singapore : Things to do Singapore! : Glucer...

Singapore could be worst-hit Asian economy in f...

todayonline.com 14 Jun '12, 3pm

SINGAPORE - Singapore is expected to be one of the worst-impacted economies in Asia, should the eurozone enter into a full...

Euro expected to fall further against Sing dollar by year-end

Euro expected to fall further against Sing doll...

channelnewsasia.com 12 Jun '12, 12pm

SINGAPORE: It may be time for the Great Singapore Sale but some Singaporean shoppers are heading to Europe to look for bar...

Sing dollar expected to strengthen against euro...

todayonline.com 12 Jun '12, 2pm

SINGAPORE - It may be time for the Great Singapore Sale but some Singaporean shoppers are heading to Europe to look for ba...

Danger zone: school, part 2 #singapore

Danger zone: school, part 2 #singapore

yawningbread.wordpress.com 13 Jun '12, 3pm

“Between grades 6 and 8, forty percent of LGBT students report being physically assaulted in school,” said Eliza Byard, ex...

Danger zone: home, part 3 #singapore

Danger zone: home, part 3 #singapore

yawningbread.wordpress.com 19 Jun '12, 10am

“When [my adopted mother] kicked me out, my grades went up,” said Jeremiah. This only shows how toxic some homes can be. Y...

3 quick takeaways from #adtechsg day one

uniquefrequency.com 13 Jun '12, 12pm

3 Takeaways From Ad:Tech Singapore 2012 (#adtechsg) June 13, 2012 – 8:02 pm | by Daryl Tay I had the privilege of being in...

Danger zone: home, part 1 #singapore

Danger zone: home, part 1 #singapore

yawningbread.wordpress.com 14 Jun '12, 11pm

Danger zone: home, part 1 Published 15 June 2012 homosexuality , on being human , society and culture Leave a Comment In 2...

Jose Mourinho in Singapore for 2 days, picks Spain to win Euro 2012

Jose Mourinho in Singapore for 2 days, picks Sp...

straitstimes.com 14 Jun '12, 11pm

Real Madrid coach Jose Mourinho talking to reporters at the 1-Altitude Bar at Raffles Place on Thursday. He is here to pro...

One Plan to Solve the Euro Zone’s Debt and Energy Crises: Filed under: Energy News

One Plan to Solve the Euro Zone’s Debt and Ener...

cleantechnica.com 10 Jun '12, 4pm

Euro zone leaders, led by Germany, have taken on a strictly hard-line, austerity-driven approach to trying to solve the de...

Spain secures $160 billion euro zone lifeline to save struggling banks

Spain secures $160 billion euro zone lifeline t...

straitstimes.com 10 Jun '12, 7am

A couple walks by as a man sleeping inside a cardboard box in Madrid, Spain, Saturday, June 9, 2012. Spain has secured a e...