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Singapore Sees Economic Recovery in 2020 as Growth Rebounds

  • GDP rose annualized 2.1% last quarter vs earlier est. of 0.6%
  • City state sees growth of 0.5%-2.5% in 2020 vs 0.5%-1% in 2019
City Views and General Economy of Singapore as Historic Summit set to Boost Tourism and Consumption
Photographer: Brent Lewin/Bloomberg
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Singapore’s economy expanded at a faster pace in the third quarter than earlier estimated, with the city state projecting the recovery will take hold next year.