Asia Remains Strong

Asia’s macroeconomic conditions are expected to see supportive growth next year, said the Ministry of Trade and Industry.

However, the MTI cautioned that while household demand will continue to grow, the strength of the recovery could be hindered by weak household balance sheets and high jobless rates.

MTI also expects domestic demand in Asia to remain robust, supported by wage growth, healthy fundamentals and encouraging government policies.


It expects that Singapore will likely see an economic growth of between 4 percent and 6 percent next year.


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Looks like its rosy for us next year! All the way! All of my friends out there! Continue to stay vigilant, PLAN for your finances and work hard! And we will be laughing our way to the banks month after month!