Market Chatter: Singapore's Key Exports Likely to Shrink in 2025

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2025.04.18 05:04
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Singapore's key exports are expected to decline in 2025 as economists adjust their forecasts due to US tariffs. Enterprise Singapore is monitoring the situation and may revise its predictions. DBS Bank's Chua Han Teng noted that the revised export forecast aligns with a weaker GDP growth outlook. RHB Bank's Barnabas Gan has lowered his growth forecast to 0%, while OCBC Bank's Selena Ling reduced her Nodx forecast to -1% to 1%, down from 2% to 4%.