"The pace of growth in the Singapore economy is expected to slow in 2019 as compared to 2018. First, the manufacturing sector is likely to see a significant moderation in growth following two years of robust expansions," the trade ministry said in a statement.
SINGAPORE: Singapore’s electronics exports slumped in March by the most since 2013, an ominous sign that it will take longer for the city state to shake off a regional demand slowdown from earlier this year.
Electronics shipments dropped 26.7% from a year ago, weighing down overall non-oil domestic exports, which fell 11.7%. That was far worse than the 2.2% contraction forecast by economists in a Bloomberg survey. — Bloomberg
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