SINGAPORE SAGS INTO RECESSION AFTER ITS GDP PLUMMETED TO 41.2%

HIGHLIGHTS

• Singapore has given its second-quarter report suggesting its economy into a downturn
• Its GDP has gone down to 41.2%

Singapore's economic status in the second quarter has been revealed. It showed a downward graph due to the circuit breaker measures and strict lockdown for previous months. The economy shrank to 41.2 percent in the second quarter.

Singapore i....