Singapore's financial centre is seen from the Singapore River. The city state released its full-year GDP figures for 2019. Photo: APSingapore's financial centre is seen from the Singapore River. The city state released its full-year GDP figures for 2019. Photo: AP
Singapore's financial centre is seen from the Singapore River. The city state released its full-year GDP figures for 2019. Photo: AP

Singapore cuts GDP forecast for 2020, cites risk to China’s growth from coronavirus

  • The city state lowered its forecast to -0.5 to 1.5 per cent, as it released final GDP figures for 2019 showing 1 per cent growth for the fourth quarter
  • Analysts said manufacturing, tourism and exports would be hit as Singapore’s economy is now more dependent on China compared to 2003 during Sars

Topic |   Coronavirus Singapore
Singapore's financial centre is seen from the Singapore River. The city state released its full-year GDP figures for 2019. Photo: APSingapore's financial centre is seen from the Singapore River. The city state released its full-year GDP figures for 2019. Photo: AP
Singapore's financial centre is seen from the Singapore River. The city state released its full-year GDP figures for 2019. Photo: AP
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