SINGAPORE -- Singapore on Friday narrowed its economic growth forecast for this year to 0.5% to 1.5%, down from the 0.5% to 2.5% range expected earlier, amid a weak global economy and sluggish demand among key trade partners like China.
Economy
Singapore cuts 2023 GDP growth outlook to 0.5-1.5% on weak exports
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A view of the Singapore skyline and the Tanjong Pagar container terminal. The trade-reliant economy is sensitive to global conditions. © Reuters
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