Singapore estimates a 12.6 pct contraction in GDP for Q2
By Massita Ahmad SINGAPORE, July 14 (NNN-BERNAMA) — Singapore’s economy contracted by 12.6 per cent in the second quarter of 2020 due to the Circuit Breaker (CB) measures and the weak external demand amidst a global economic downturn precipitated by the COVID-19 pandemic. In releasing the advance estimates, the republic’s Ministry…
