Singapore, a travel and transport hub, has brought its Covid-19 situation under control but the pace of its border reopening has slowed due to the global surge in cases, meaning its recovery will still be linked to the rest of the world, said an analyst. Photo: Reuters Singapore, a travel and transport hub, has brought its Covid-19 situation under control but the pace of its border reopening has slowed due to the global surge in cases, meaning its recovery will still be linked to the rest of the world, said an analyst. Photo: Reuters
Singapore, a travel and transport hub, has brought its Covid-19 situation under control but the pace of its border reopening has slowed due to the global surge in cases, meaning its recovery will still be linked to the rest of the world, said an analyst. Photo: Reuters
Singapore

Singapore economy: gradual recovery seen as fourth quarter GDP shrinks less than expected

  • The Ministry of Trade and Industry said fourth quarter GDP fell 2.4 per cent year on year versus the 3.8 per cent drop in its advance estimate
  • Elsewhere in the region, Japan’s economy expanded more than expected in the fourth quarter while Thailand’s GDP shrank less than anticipated

Topic |   Singapore
Singapore, a travel and transport hub, has brought its Covid-19 situation under control but the pace of its border reopening has slowed due to the global surge in cases, meaning its recovery will still be linked to the rest of the world, said an analyst. Photo: Reuters Singapore, a travel and transport hub, has brought its Covid-19 situation under control but the pace of its border reopening has slowed due to the global surge in cases, meaning its recovery will still be linked to the rest of the world, said an analyst. Photo: Reuters
Singapore, a travel and transport hub, has brought its Covid-19 situation under control but the pace of its border reopening has slowed due to the global surge in cases, meaning its recovery will still be linked to the rest of the world, said an analyst. Photo: Reuters
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