Singapore in a technical recession?
Edited By WION Video Desk
Published: Jun 20, 2023, 06:15 IST | Updated: Jun 20, 2023, 06:15 IST
Singapore reported its eighth consecutive month of declining annual exports for the month of may. There are also reports indicating that the total employment growth has slowed and job vacancies have decreased for the fourth consecutive quarter, challenging Singapore's position as the most favourable job market for expats. The data coming in from Singapore over the last few months has raised concerns about the possibility of a recession in the country.
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