Singapore preliminary Q2 GDP -2.0% q/q

[Chase]

The advance reading for April to June economic growth in Singapore.​

-2.0% q/q and worse than expected

• expected -1.8%
• prior +3.1%

+14.3% y/y

• expected +14.2%, prior +1.3%

https://www.forexlive.com/news/!/singapore-preliminary-q2-gdp-20-qq-expected-18-20210714

 

[eatshitndie]

not enough cecas. please import more.

 

[tanwahtiu]

Need more unemployed indian ahneh fresh graduates to suppressed salaries, then put them into GLCs as slave min salary on learn as u earn program to become from zero to heroes to Superstar IT, nurses, banking Electrical Electronic Engineers, IoT, AI, Fintech, data analysis scientists workers and the lists go on.....

Put them into GLC condo apartments for tenant occupants for rent seeking economy.

PAP owns 90% of Singapore busineses economy and do whatever they like... looks like boh chenghu but they are the one....

PAP 万岁...

Talk nonsense... already after 1984 GE PAP want to fix oppo with GRC and they did it in 1992GE...

Until now they never give up fixing oppo, don't thet?

not enough cecas. please import more.

 

[red amoeba]

Good news means GST hike coming. Laolan’s Wong gift.

 

[laksaboy]

Adding 'preliminary' to give Sinkies false hope.

 

[laksaboy]

Good news means GST hike coming. Laolan’s Wong gift.

Also expect more frivolous fines to replenish the depleted govt coffers.

Case in point:

Fine for picking rambutans.

 

[Gallego99]

Second quarter has traditionally been weak. No need to panic. It will pick up in the third or fourth qtr (low single digit).

 

[laksaboy]

Second quarter has traditionally been weak. No need to panic. It will pick up in the third or fourth qtr (low single digit).

Assuming no 'black swan' event happens.

Don't worry, the Department of Statistics people are experts at painting a rosy picture.

 

[CPTMiller]

Adding 'preliminary' to give Sinkies false hope.

All this numbers means nothing to me.
At least my job my wallet less secure all this time

 

[face the facts]

Assuming no 'black swan' event happens.

Don't worry, the Department of Statistics people are experts at painting a rosy picture.

worldwide, all govt departments of statistics are one big bullshit,
you believe inflation worldwide is 3%?
its probably +10% and above everywhere in the world

 

[Chase]

Assuming no 'black swan' event happens.

Don't worry, the Department of Statistics people are experts at painting a rosy picture.

Case counts in Southeast Asia will likely continue to surge for another 6-10 weeks, and coincide with a Black Sept/Oct stock market crash.