S’pore’s GDP: Quarter -2.0 % change is the worse of 38 countries?

PICTURE: TNP File

December 31, 2016

Economic and financial indicators

I refer to the Economist magazine’s (Dec 24) Economic and financial indicators.

GDP – Quarter -2.0 % change on previous quarter, annual rate?

Singapore is the worse out of 38 countries?

If we ignore the three South American countries – Argentina (-8.0), Brazil (-3.3) and Venezuela (-6.2) in economic turmoil now – Singapore’s GDP – Quarter -2.0 % change on previous quarter, annual rate, is the worse country out of the 38 countries in the table, which is published weekly by the Economist magazine.

What a way to end the year!

Happy New Year

Leong Sze Hian

About the Author

Leong

Leong Sze Hian has served as the president of 4 professional bodies, honorary consul of 2 countries, an alumnus of Harvard University, authored 4 books, quoted over 1500 times in the media , has been a radio talkshow host, a newspaper daily columnist, Wharton Fellow, SEACeM Fellow, columnist for theonlinecitizen and Malaysiakini, executive producer of Ilo Ilo (40 international awards), Hotel Mumbai (associate producer), invited to speak more than 200 times in about 40 countries, CIFA advisory board member, founding advisor to the Financial Planning Associations of 2 countries. He has 3 Masters, 2 Bachelors degrees and 13 professional qualifications.