27 May '16, 8pm

What is in it for SMEs with the current economic outlook

According to flash estimates, Singapore's economy grew at a respectable rate of 2.1 percent in 2015, close to the official government estimate of 2 percent. While this is a reasonable achievement, it is much lower than the 2014 figure of 2.9 percent. But what does 2016 hold for the country’s economic prospects? Will there be a rebound or will low oil prices, a strong U.S. dollar, and weak global demand continue to be a drag on export growth figures? Making predictions about economic performance is an inexact science but it can be useful to look at the factors that influence growth and use these to arrive at a forecast. Some of the key issues that will determine how Singapore’s economy fares in 2016 are: China's economy The strong trade, investment, and tourism links between the two countries mean that slower growth on the mainland can severely influence both the manufactur...

Full article: http://sbr.com.sg/economy/commentary/what-in-it-smes-curr...

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