Singapore cuts 2022 GDP growth forecast amid further deterioration in global economic outlook

[Chase]

Singapore cuts 2022 GDP growth forecast amid further deterioration in global economic outlook​

https://www.channelnewsasia.com/sin...tion-global-economic-outlook-weakened-2873236

 

[Chase]

Singapore Q2 GDP grows 4.4%, slower than first estimated.
https://www.reuters.com/markets/asi...44-yy-slower-than-first-estimated-2022-08-11/

 

[Chase]

A semiconductor company has slashed supplies contract with us for 1Q23. This means less staff for them next year, can't imagine even semiconductor companies will reduce headcounts.

 

[mudhatter]

 

[laksaboy]

Just like weather forecasting, these 'experts' can get it desperately wrong and still keep their cushy jobs.

 

[Loofydralb]

Singapore cuts 2022 GDP growth forecast amid further deterioration in global economic outlook​

https://www.channelnewsasia.com/sin...tion-global-economic-outlook-weakened-2873236

No worries. The ministers and great minds in the Administrative Service will massage those numbers. As their bonuses depend on it, do you think they will allow it to happens?

Seen it before, that's why I say it.

 

[Chase]

No worries. The ministers and great minds in the Administrative Service will massage those numbers. As their bonuses depend on it, do you think they will allow it to happens?

Seen it before, that's why I say it.

i agree. increasing GST and stroking inflation will boost our GDP further (private consumption becomes higher).
just exam smart

 

[batman1]

Like that minister salaries also cut.

 

[mojito]

Poor omen for the 4G. Hope Lord Looong will stay on loonger, steady the ship for at least another 10 years before hand over.