Coronavirus

Singapore’s economy set to grow faster than expected on pandemic rebound

singapore’s-economy-set-to-grow-faster-than-expected-on-pandemic-rebound

Singapore’s economy is set to expand at a faster clip than the government previously expected as the city state shakes off an uptick in virus cases and looks to reopen more sectors through to the end of the year.The city state revised its forecast for annual economic growth to 6-7 per cent, the Ministry of Trade and Industry said on Wednesday as it reported final second-quarter data. In its initial second-quarter GDP report last month, the agency had left the annual forecast unchanged at 4-6…

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