Singapore economy expanded just 0.7 percent in 2019, affected by US-China trade war

As the US-China trade war hit global markets, Singapore's economy grew just 0.7 percent in 2019.


Ismawati Asmat

6 Jan, 2020

Singapore economy expanded just 0.7 percent in 2019, affected by US-China trade war | BEAMSTART News

- From our Sponsors -

Down from 3.2 percent expansion in 2018, Singapore’s overall growth in 2019 was at just 0.7 percent, marking the worst growth performance for the country since the global financial crisis.

Based on advance estimates, Singapore’s economy expanded by 0.8 percent year-on-year in October to December.

Last year's growth was weighed down by manufacturing, which contracted 1.5 percent due to output declines in main exports such as electronics.

Singapore’s national budget for this year will be announced in February.

“The national budget will contain support for businesses and workers, as well as measures to help households cope with living costs,” Prime Minister Lee Hsien Loong said.

- From our Sponsors -

Latest Jobs

Senior Full Stack Software Engineer

Trayd

New York, United States

Full Time

USD 100000 — USD 160000 yearly

Enterprise Sales Development Representative

Turing Labs Inc.

New York, United States

Full Time

USD 50000 — USD 120000 yearly

First SDR Hire

Vimcal

New York, United States

Full Time

USD 75000 — USD 105000 yearly

Director of People

Rose Rocket

Toronto, Canada, United States

Full Time

Salary Undisclosed

Senior Product Manager

Vahan

Bengaluru, India, United States

Full Time

USD 2500000 — USD 4500000 yearly

Revenue Director (Go-to-market areas)

Pulppo

Mexico City, Mexico, United States

Full Time

USD 50000 — USD 80000 yearly

🤝🏼 Talent Lead

Replo

San Francisco, United States

Full Time

USD 100000 — USD 130000 yearly

People Partner Intern

Finku

Jakarta, Indonesia, United States

Internship

Salary Undisclosed

Full Stack Engineer

kapa.ai

United States

Full Time

USD 80000 — USD 119998 yearly

JavaScript Automation Intern

HiOperator

San Francisco, United States

Internship

USD 17 — USD 25 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2024 BEAMSTART. All Rights Reserved (Legal).