Singapore's Economic Growth Likely to Slow in 2H -- Market Talk
Dow Jones
Jul 14, 2025
0536 GMT - Singapore's economic growth is likely to be slower in 2H, DBS Group Research's Chua Han Teng says in a report. "The city-state remains exposed to the U.S. tariff roller coaster, with new threats under way," the senior economist says. "External demand will soften due to still-high global tariffs and weak business sentiment." Trade-related sectors will probably bear the brunt of the weakness. DBS maintains its 2025 forecast for Singapore GDP growth of 2.0%. The MAS is expected to adopt a wait-and-see approach this month while keeping the door open for further easing in October, the economist adds. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
July 14, 2025 01:36 ET (05:36 GMT)
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