26 Nov '14, 4am

Global headwinds may slow Singapore's growth,

Global headwinds may slow Singapore's growth,

A litany of external risks could throw the official 2-4 per cent growth forecast for 2015 off-course, even as the government announced better-than-expected Q3 GDP numbers and projected economic growth of "around 3 per cent" for 2014. ST PHOTO A LITANY of external risks could throw the official 2-4 per cent growth forecast for 2015 off-course, even as the government announced better-than-expected Q3 GDP numbers and projected economic growth of "around 3 per cent" for 2014. (see infographic ) The Ministry of Trade and Industry (MTI) said on Tuesday morning that Q3 GDP grew a stronger 2.8 per cent year-on-year, thanks to further expansion in both the manufacturing and services sectors. This beat not only the initial flash estimate of 2.4 per cent growth, but also the market's expectation that this could be raised slightly to 2.5 per cent. But any cheer from Q3's upside surpri...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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