Steady domestic demand to continue driving Singapore’s growth in 2017

SINGAPORE (June 22): The Institute of Chartered Accountants in England and Wales (ICAEW) has forecasted a higher gross domestic product (GDP) growth of 2.7% for Singapore this year, citing improved growth dynamics and the ongoing recovery in global trade.

(See also: Singapore economy in 1Q grew by 2.7% on year; FY growth forecast maintained at 1-3%)

(See also: Economists raise 2017 Singapore growth forecast: MAS survey)

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