SINGAPORE, July 14 — Singapore’s economy contracted by 12.6 per cent in the second quarter of 2020 due to the Circuit Breaker (CB) measures and the weak external demand amidst a global economic downturn precipitated by the COVID-19 pandemic. In releasing the advance estimates, the republic’s Ministry of Trade and Industry (MTI) said the measures … Continue reading Singapore GDP contracted by 12.6 per cent in Q2 – MTI