Singapore sees 2022 GDP at lower end of forecasts

Singapore's economy expanded more than initially estimated in the first quarter but annual GDP will likely be in the lower half of the government's forecast range, officials said on Wednesday, citing the war in Ukraine and supply chain disruptions. The Southeast Asian financial hub is often seen as a bellwether for global growth as international trade dwarfs its domestic economy. Gross domestic product (GDP) grew 3.7 percent year-on-year in the first quarter....