News Snapshot:
Front-loaded exports gave Singapore a first quarter boost, but tariff threats and global volatility could push it into recession territory. (Photo: ROSLAN RAHMAN/AFP via Getty Images) Singapore may be heading into a technical recession, officials warned, even as the economy posted a better-than-expected 3.9 per cent growth in the first quarter of 2025. The catch? On a quarter-to-quarter basis, GDP shrank 0.6 per cent – a sign that the momentum could be short-lived as global headwinds mount. The Ministry of Trade and Industry (MTI) has kept its full-year forecast at 0 per cent to 2 per cent, citing “significant uncertainty”...