Singapore central bank sees economy undergoing 'fits and starts'

SINGAPORE (Oct 30): Singapore’s economic growth will remain uneven through the end of the year, with weakness concentrated in trade and manufacturing, before halting its downtrend in 2020, the central bank said.

The city state’s prospects are in line with the path of the global economy, which should “stabilize” next year, the Monetary Authority of Singapore said in its Macroeconomic Review on Wednesday. The domestic economy “could experience fits and starts for the rest of the year, and into 2020,” the MAS said.