Economists cut Singapore GDP forecast

More robust growth in China, underpinned by economic re-opening and macroeconomic policy easing, were the top upside risks to Singapore’s growth outlook, according to a Monetary Authority of Singapore survey of 24 economists. — Reuters

SINGAPORE: Singapore’s economy is forecast to grow 1.4% this year, a central bank survey of economists shows, down from a previous projection of 1.9%, as spillovers from an external slowdown threaten the trade-sensitive city-state.

More robust growth in China, underpinned by economic re-opening and macroeconomic policy easing, were the top upside risks to Singapore’s growth outlook, according to a Monetary Authority of Singapore (MAS) survey of 24 economists.