Singapore’s economy expanded 2.5% in 1Q2017 over the same period in 2016, decelerating a tad from the 2.9% growth in 4Q2016 — but better than the average of below 2% growth from mid-2015 until 3Q2016. However, growth was uneven across sectors.
SINGAPORE (May 8): After a long period of generally desultory performance, the Singapore economy is stirring. Economic growth has picked up, exports are reviving and even the property sector seems to be improving. Yet, other indicators are less exciting, raising the question of whether this rebound is sustainable. So, what is really going on and what are the prospects for Singapore?
Overall, the economy is gaining traction
