The pap reported that Singapore’s economy grew at 2.1% in 2015. But Singaporeans know that 2015 had been bad for businesses and Singaporeans. So how did pap comes out that SG’s economy grew at 2.1%?We wait for the detailed results which will be announced in a few weeks time.
In the meantime, SGX drops more than 50 points today and China stopped trading for today at 1+pm when the index dropped 7%.
I foresee bad times for SG in 2016. Let us see how the pap will gloss through the figures this year.