Deputy Prime Minister Gan Kim Yong warned that Singapore may revise its GDP and inflation forecasts due to escalating Middle East tensions, which threaten to drive up global oil prices and increase business costs. The government is closely monitoring the Iran crisis and stands ready to adjust economic projections if energy market disruptions become prolonged. This cautious stance underscores the city-state's vulnerability to external supply shocks despite its strong fiscal position.
# 💰Stocks to watch today?(5 Mar)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet