Growth of 1 per cent to 3 per cent was forecast previously.
Office workers in the central business district of Singapore. SINGAPORE: Singapore has narrowed its gross domestic product growth forecast for 2024 to 2 per cent to 3 per cent, the Ministry of Trade and Industry said on Tuesday , following a better than expected first half of the year.
Consumer-facing sectors such as retail trade and food and beverage services shrank, in part because of increased outbound travel by locals. Looking ahead, US economic growth is expected to ease, with consumption growth slowing as the labour market weakens.
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Thai Finance Ministry raises GDP growth expectations to 2.7% in 2024BANGKOK : Thailand's economy is expected to grow 2.7 per cent in 2024, the Finance Ministry said Friday, up from a previous forecast of 2.4 per cent due to higher foreign tourist arrivals and exports.
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Thai Finance Ministry raises GDP growth expectations to 2.7% in 2024BANGKOK : Thailand's economy is expected to grow 2.7 per cent in 2024, the Finance Ministry said Friday, up from a previous forecast of 2.4 per cent due to higher foreign tourist arrivals and exports.
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Thai Finance Ministry raises GDP growth expectations to 2.7% in 2024BANGKOK : Thailand's economy is expected to grow 2.7 per cent in 2024, the Finance Ministry said Friday, up from a previous forecast of 2.4 per cent due to higher foreign tourist arrivals and exports.
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Expert says HDB resale prices could climb even further, forecasting 7-8% growth in 2024Recent months have also indicated a noticeable trend of million-dollar HDB resale flats, sparking concerns about affordability
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IMF maintains 2024 global growth forecast at 3.2%, but warns of further trade tensionsThe world economy is expected to grow 3.2 per cent in 2024.
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IMF maintains 2024 global growth forecast, warns of inflation riskThe world economy is expected to grow 3.2 per cent in 2024.
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