Home > Singapore economy expected to enter recession due to Covid-19

Singapore economy expected to enter recession due to Covid-19


Singapore, Apr 29 (EFE/EPA).- Singapore’s economy may contract more than forecast this year entering a recession due to the coronavirus pandemic, according to the Monetary Authority of Singapore.Gross domestic product (GDP) is expected to decline by one to four per cent due to the loss of economic activity in the country and globally. (Camera: HOW HWEE YOUNG). SHOT LIST: GENERAL VIEW OF SINGAPORE DURING A PARTIAL LOCKDOWN 'CIRCUIT BREAKER' PERIOD TO PREVENT THE SPREAD COVID-19 IN SINGAPORE.

Added on the 29/04/2020 14:00:00 - Copyright : EFE Inglés

To customise your video :

Or Create an account

More videos on the subject

  • Singapore again downgrades GDP forecast due to COVID-19 crisis

    Bangkok Desk, May 26 (EFE).- Singapore's economy is set for its worst recession in the history of the city state, with its 2020 gross domestic product growth forecast downgraded to between -7 percent and -4 percent due to the economic crisis generated by the COVID-19 pandemic, the Singaporean government said on Tuesday.ARCHIVE FOOTAGE

    26/05/2020 - EFE Inglés
  • Tourism in Singapore expected to decline due to Covid-19

    Singapore, Feb 12 (EFE/EPA).- Singapore’s economy is expected to be hit hard by the outbreak as tourist arrivals and spending are forecast to decline by 30 percent this year. The disease caused by the novel coronavirus (SARS-CoV-2) has been officially named Covid-19 by the World Health Organization (WHO). The outbreak, which originated in the Chinese city of Wuhan, has so far killed at least 1,116 people and infected over 45,000 others worldwide, mostly in China. (Camera: HOW HWEE YOUNG)FOOTAGE SHOWS TOURISTS WEARING PROTECTIVE FACE MASKS IN THE MERLION PARK IN SINGAPORE.

    18/02/2020 - EFE Inglés

More videosSciences