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{"source_url": "https://www.cnbctv18.com", "url": "https://www.cnbctv18.com/economy/singapore-economy-expands-07-percent-in-2019-slowest-in-a-decade-4979391.htm?utm_source=jioxpress&utm_medium=referral&utm_campaign=jioxpress-rss", "title": "Singapore economy expands 0.7 percent in 2019, slowest in a decade", "top_image": "https://images.cnbctv18.com/wp-content/uploads/2019/12/2019-12-11T014816Z_1_LYNXMPEFBA02P_RTROPTP_4_SOUTHEASTASIA-HAZE-768x500.jpg", "meta_img": "https://images.cnbctv18.com/wp-content/uploads/2019/12/2019-12-11T014816Z_1_LYNXMPEFBA02P_RTROPTP_4_SOUTHEASTASIA-HAZE-768x500.jpg", "images": ["https://static.cnbctv18.com/assets/images/CNBC-TV18_logo-new-year2020.png", "https://images.cnbctv18.com//wp-content/uploads/userphoto/83.jpg?v=202001022004", "https://static.cnbctv18.com/assets/images/cnbc-new-two-logo.png", "https://static.cnbctv18.com/assets/images/Live-tv-hover.png", "https://static.cnbctv18.com/assets/images/mcx_75x25.png", "https://static.cnbctv18.com/assets/images/Live-tv1x.gif", "https://images.cnbctv18.com/optimize/c1z6SeBBe6N7MTWKU4vBFymGkBo=/0x0/images.cnbctv18.com/wp-content/uploads/2019/09/Walmart-350x196.jpg", "https://sb.scorecardresearch.com/p?c1=2&c2=6683813&cv=2.0&cj=1", "https://static.cnbctv18.com/assets/images/bot-thank-primo-grid.png", "https://images.cnbctv18.com/optimize/7zDf5YsGtYrDBvjBhJKVbLNybiA=/0x0/images.cnbctv18.com/wp-content/uploads/2019/05/JetAirways-350x196.jpg", "https://static.cnbctv18.com/assets/images/BSE-logo-mobile.png", "https://static.cnbctv18.com/assets/images/envelope.png", "https://static.cnbctv18.com/assets/images/primo-new-org.png", "https://static.cnbctv18.com/assets/images/placeholder_logo.jpg", "https://static.cnbctv18.com/assets/images/closeBtn.png", "https://static.cnbctv18.com/assets/images/cnbc-logo.png", "https://static.cnbctv18.com/assets/images/bread-arow.png", "https://images.cnbctv18.com/wp-content/uploads/2019/12/2019-12-11T014816Z_1_LYNXMPEFBA02P_RTROPTP_4_SOUTHEASTASIA-HAZE-768x500.jpg", "https://images.cnbctv18.com/optimize/XDoDMDOCbuxvDV6BxVccvHB17nw=/0x0/images.cnbctv18.com/wp-content/uploads/2020/01/1280x720_OPPI-podcast-350x196.jpg"], "movies": [], "text": "Singapore\u2019s economy expanded at its slowest pace in a decade last year as the manufacturing sector struggled, preliminary data showed on Thursday, even though growth picked up slightly in the fourth quarter.\n\nThe export-oriented economy has been hit hard by the drawn-out trade war between the United States and China as well as a cyclical global downturn in the electronics sector.\n\nGross domestic product (GDP) grew 0.7 percent in 2019, the slowest annual pace since 2009 and down from 3.1 percent in 2018. Authorities are forecasting growth of between 0.5 percent and 2.5 percent this year.\n\nThe services and construction sectors offset weakness in manufacturing, helping the economy grow at a slightly faster pace in the fourth quarter.\n\nGDP grew 0.8 percent in October-December from the same period a year ago, compared with a revised 0.7 percent in the previous quarter, the Ministry of Trade and Industry said in a statement.\n\nAnalysts had expected GDP growth of 0.8 percent.\n\nThe economy grew 0.1 percent quarter-on-quarter on an annualised and seasonally adjusted basis, compared with an upwardly revised 2.4 percent rise the quarter before. Analysts had expected a 0.4 percent expansion.\n\n\u201cThe global economic slowdown has already affected us. This year we avoided a recession. Our economy is still growing, but less vigorously than we would like,\u201d Prime Minister Lee Hsien Loong said in his annual New Year message on December 31.", "keywords": [], "meta_keywords": [""], "tags": ["Interviews", "Money Money Money", "Tech Toyz", "Young Turks", "Tax", "Changing India", "Boardroom Results", "Singapore economy news", "Stay Fit", "Storyboard", "Dress for Success", "Big Deal", "Startup Street", "Life etc", "Explainers", "Startup", "Smart Living", "US-China trade war", "Food for thought", "Singapore", "Market analysts", "#GST", "Overdrive", "#CyrusMistry", "Entrepreneurship"], "authors": [], "publish_date": null, "summary": "", "article_html": "", "meta_description": "The export-oriented economy has been hit hard by the drawn-out trade war between the United States and China as well as a cyclical global downturn in the electronics sector.Get latest Economy online at cnbctv18.com", "meta_lang": "en", "meta_favicon": "https://static.cnbctv18.com/assets/images/cnbc-logo.png?v=1.png", "meta_data": {"description": "The export-oriented economy has been hit hard by the drawn-out trade war between the United States and China as well as a cyclical global downturn in the electronics sector.Get latest Economy online at cnbctv18.com", "news_keywords": "Singapore, Singapore economy, GDP growth fourth quarter 2019, US China trade war, Singapore Prime Minister, Lee Hsien Loong, Singapore economy news", "Keywords": "Singapore, Singapore economy, GDP growth fourth quarter 2019, US China trade war, Singapore Prime Minister, Lee Hsien Loong, Singapore economy news", "robots": "NOODP", "Last-Modified": "January 02, 2020 07:42 AM IST", "og": {"locale": "en_US", "site_name": "cnbctv18.com", "type": "website", "url": "https://www.cnbctv18.com/economy/singapore-economy-expands-07-percent-in-2019-slowest-in-a-decade-4979391.htm", "title": "Singapore economy expands 0.7 percent in 2019, slowest in a decade", "description": "The export-oriented economy has been hit hard by the drawn-out trade war between the United States and China as well as a cyclical global downturn in the electronics sector.Get latest Economy online at cnbctv18.com", "image": "https://images.cnbctv18.com/wp-content/uploads/2019/12/2019-12-11T014816Z_1_LYNXMPEFBA02P_RTROPTP_4_SOUTHEASTASIA-HAZE-768x500.jpg"}, "twitter": {"card": "summary_large_image", "site": "@cnbctv18com", "creator": "@cnbctv18com", "url": "https://www.cnbctv18.com/economy/singapore-economy-expands-07-percent-in-2019-slowest-in-a-decade-4979391.htm?v=1", "title": "Singapore economy expands 0.7 percent in 2019, slowest in a decade", "image": {"src": "https://images.cnbctv18.com/wp-content/uploads/2019/12/2019-12-11T014816Z_1_LYNXMPEFBA02P_RTROPTP_4_SOUTHEASTASIA-HAZE-768x500.jpg"}}, "fb": {"pages": 169218193115587}, "HandheldFriendly": "true", "viewport": "width=device-width, initial-scale=1.0, maximum-scale=1.0, user-scalable=no", "dailymotion-domain-verification": "dm7bwnm8yezsnexa3"}, "canonical_link": "https://www.cnbctv18.com/economy/singapore-economy-expands-07-percent-in-2019-slowest-in-a-decade-4979391.htm"} |
