Singapore's 2Q GDP Beat Estimates

The video discusses Singapore's economic performance, highlighting its dependency on trade and exports. It notes a recovery in global trade, driven by strong demand from China, particularly for semiconductors. Despite optimism for growth, risks remain, especially in consumer-focused industries. The global economy is stable, with the US and eurozone showing promise, but concerns about China's growth and political risks like Brexit and tensions in the Korean Peninsula persist.

What was Singapore's GDP growth in the second quarter compared to the previous quarter?

• 2.2%

• 0.4%

• 3.5%

• 2.9%

Which sector in Singapore has benefited from the recovery in global trade?

• Tourism

• Retail

• Manufacturing

• Real Estate

What is the predicted growth rate for Singapore's economy this year?

• 1.5%

• 3.0%

• 2.0%

• 2.5%

Which region is showing promising improvement in labor market and consumer sentiment?

• Asia

• South America

• Eurozone

• Africa

What is one of the downside risks to the global economy mentioned in the transcript?

• China's growth sustainability

• Decreasing global demand

• Inflation in emerging markets

• Rising oil prices