Covid-19 impact pushes Singapore's 2020 GDP forecast into negative turf

Forecast of -4 to -1% contraction sign of further economic pain to come for other Asian economies, says one analyst


SINGAPORE's official growth forecast has hit negative territory for the first time in nearly a decade. This comes as the Republic braces itself for what is likely the worst economic contraction since independence.

The Ministry of Trade and Industry (MTI) on Thursday