Singapore Maintains 2022 GDP Outlook as Recovery Stabilizes

Bloomberg2022-02-17

Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross ...

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Comments

SilentInvst1
2022-02-17
SilentInvst1
Go go Sg! Huat ah 😬
ramius75
2022-02-17
ramius75
💪💪💪
Yoongs
2022-02-17
Yoongs
👍🏻
okkar
2022-02-17
okkar
💰
K74
2022-02-17
K74
Yeah
robot1234
2022-02-17
robot1234
Singapore's economic growth for the whole of 2021 came in at 7.6 per cent, up from the previous estimate of 7.2 per cent, the MTI said on Thursday (Feb 17). For 2022, MTI said the Singapore economy "is expected to continue to expand this year.

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It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.</p><p>That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.</p><p>It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.</p><p>Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.</p><p>The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.</p><p>Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.</p><p>The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Maintains 2022 GDP Outlook as Recovery Stabilizes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-17 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184529059","content_text":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094311126,"gmtCreate":1645060104740,"gmtModify":1676533992573,"author":{"id":"3573282285722566","authorId":"3573282285722566","name":"Yoongs","avatar":"https://static.tigerbbs.com/359041796fe61458080479cfd058165b","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3573282285722566","authorIdStr":"3573282285722566"},"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094311126","repostId":1184529059,"repostType":4,"repost":{"id":"1184529059","pubTimestamp":1645057406,"share":"https://ttm.financial/m/news/1184529059?lang=&edition=fundamental","pubTime":"2022-02-17 08:23","market":"sg","language":"en","title":"Singapore Maintains 2022 GDP Outlook as Recovery Stabilizes","url":"https://stock-news.laohu8.com/highlight/detail?id=1184529059","media":"Bloomberg","summary":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last","content":"<html><head></head><body><p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.</p><p>Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.</p><p>That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.</p><p>It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.</p><p>Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.</p><p>The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.</p><p>Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.</p><p>The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Maintains 2022 GDP Outlook as Recovery Stabilizes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-17 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184529059","content_text":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094319028,"gmtCreate":1645059859653,"gmtModify":1676533992435,"author":{"id":"3580969894464089","authorId":"3580969894464089","name":"okkar","avatar":"https://static.tigerbbs.com/5284953eb6a2c6608eb0336ea3795f46","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580969894464089","authorIdStr":"3580969894464089"},"htmlText":"💰","listText":"💰","text":"💰","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094319028","repostId":1184529059,"repostType":4,"repost":{"id":"1184529059","pubTimestamp":1645057406,"share":"https://ttm.financial/m/news/1184529059?lang=&edition=fundamental","pubTime":"2022-02-17 08:23","market":"sg","language":"en","title":"Singapore Maintains 2022 GDP Outlook as Recovery Stabilizes","url":"https://stock-news.laohu8.com/highlight/detail?id=1184529059","media":"Bloomberg","summary":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last","content":"<html><head></head><body><p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.</p><p>Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.</p><p>That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.</p><p>It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.</p><p>Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.</p><p>The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.</p><p>Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.</p><p>The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Maintains 2022 GDP Outlook as Recovery Stabilizes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-17 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184529059","content_text":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094337769,"gmtCreate":1645059712397,"gmtModify":1676533992404,"author":{"id":"3574026189533561","authorId":"3574026189533561","name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574026189533561","authorIdStr":"3574026189533561"},"htmlText":"Yeah&nbsp;","listText":"Yeah&nbsp;","text":"Yeah","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094337769","repostId":1184529059,"repostType":4,"repost":{"id":"1184529059","pubTimestamp":1645057406,"share":"https://ttm.financial/m/news/1184529059?lang=&edition=fundamental","pubTime":"2022-02-17 08:23","market":"sg","language":"en","title":"Singapore Maintains 2022 GDP Outlook as Recovery Stabilizes","url":"https://stock-news.laohu8.com/highlight/detail?id=1184529059","media":"Bloomberg","summary":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last","content":"<html><head></head><body><p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.</p><p>Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.</p><p>That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.</p><p>It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.</p><p>Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.</p><p>The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.</p><p>Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.</p><p>The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Maintains 2022 GDP Outlook as Recovery Stabilizes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-17 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184529059","content_text":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094338788,"gmtCreate":1645059165756,"gmtModify":1676533992304,"author":{"id":"3561596430587504","authorId":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"idStr":"3561596430587504","authorIdStr":"3561596430587504"},"htmlText":"Singapore's economic growth for the whole of 2021 came in at 7.6 per cent, up from the previous estimate of 7.2 per cent, the MTI&nbsp;said on Thursday (Feb 17). For 2022, MTI said the Singapore economy \"is expected to continue to expand this year.","listText":"Singapore's economic growth for the whole of 2021 came in at 7.6 per cent, up from the previous estimate of 7.2 per cent, the MTI&nbsp;said on Thursday (Feb 17). For 2022, MTI said the Singapore economy \"is expected to continue to expand this year.","text":"Singapore's economic growth for the whole of 2021 came in at 7.6 per cent, up from the previous estimate of 7.2 per cent, the MTI said on Thursday (Feb 17). For 2022, MTI said the Singapore economy \"is expected to continue to expand this year.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094338788","repostId":1184529059,"repostType":4,"repost":{"id":"1184529059","pubTimestamp":1645057406,"share":"https://ttm.financial/m/news/1184529059?lang=&edition=fundamental","pubTime":"2022-02-17 08:23","market":"sg","language":"en","title":"Singapore Maintains 2022 GDP Outlook as Recovery Stabilizes","url":"https://stock-news.laohu8.com/highlight/detail?id=1184529059","media":"Bloomberg","summary":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last","content":"<html><head></head><body><p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.</p><p>Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.</p><p>That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.</p><p>It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.</p><p>Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.</p><p>The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.</p><p>Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.</p><p>The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Maintains 2022 GDP Outlook as Recovery Stabilizes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-17 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://finance.yahoo.com/news/singapore-maintains-2022-gdp-outlook-000000497.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184529059","content_text":"Singapore on Thursday reaffirmed its 2022 economic growth forecast, and boosted its reading for last year, as its recovery from the pandemic stabilizes and it seeks to ease virus restrictions.Gross domestic product is projected to expand 3% to 5% this year, the Ministry of Trade and Industry said, reiterating its November estimate. It also upgraded 2021 growth to 7.6%, from an earlier 7.2%.That growth pace could get a kick as the city-state aims to ease travel and social restrictions after the current wave of Covid-19 infections passes, potentially bolstering the still-struggling travel and retail sectors.It also comes one day before the closely watched budget presentation, which is expected to steer finances back toward a fiscally conservative stance and a modest budget surplus, with potentially the most aggressive tax increases in years.Prospects for “outward-oriented” sectors such as manufacturing and trade will remain strong this year amid the global recovery, the ministry said in a statement, while aviation and tourism-related activity is expected to slow amid risks for recurring Covid-19 outbreaks.The trade ministry also flagged downside risks from slowing external demand, particularly from the U.S., Europe and China, citing concerns over supply chain bottlenecks, higher energy prices and the potential for financial instability amid tightening monetary policies in some countries.Authorities are also already facing the sharpest rise in headline consumer prises in eight years, which forced a surprise tightening of monetary policy last month by the central bank.The final reading for last quarter was growth of 6.1% from the same period last year, compared to the government’s advance reading of 5.9% and a median 6.2% in a Bloomberg survey.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":113,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1184529059"}