Singapore maintains full-year GDP forecast as economy expands 3.9% in Q2


SINGAPORE: Singapore will maintain its growth forecast for 2018 as data showed the country’s economy grew at a slightly better-than-expected 3.9 per cent in the second quarter from a year ago, the Ministry of Trade and Industry (MTI) said on Monday (Aug 13). 

Gross domestic product (GDP) is anticipated to grow between 2.5 and 3.5 per cent this year – a range the Government had updated in May, from an initial forecast of 1.5 to 3.5 per cent. 

For the second quarter, the year-on-year GDP figure is a slight upward revision from the Government’s 



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