
SINGAPORE -- The Singapore economy is projected to continue its slow growth of -0.5% to 1.5% this year, the government said Monday, as the new coronavirus crisis hits local businesses.
Last year's gross domestic product expanded 0.7%, down from 2018's 3.4% due to the U.S.-China trade war, marking the lowest rate since 2009, when the economy was hit hard by the global financial crisis.