ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Singapore ups 2021 GDP outlook to 6-7% on fast vaccine progress

Eased COVID rules and steady exports to spur recovery after Q2's 14.7% growth

Decorations mark Singapore's National Day weekend, just ahead of the GDP outlook announcement.   © AP

SINGAPORE -- Singapore on Wednesday upgraded its growth projection for this year to a range of 6% to 7%, from the previous 4% to 6%, with a roughly 70% COVID-19 vaccination rate enabling plans to gradually reopen more of the economy.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more