Singapore raises annual growth forecast as third-quarter GDP tops expectations [MSNBC.com]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Company Research
Source: MSNBC.com
Key PointsPeople cycle along a track backdropped with the city skyline in Singapore on June 27, 2025.Roslan Rahman | Afp | Getty ImagesSingapore raised its 2025 economic outlook Friday after stronger growth in the third quarter, but warned that expansion is likely to cool in 2026 as the U.S. tariffs weigh on global demand.The Ministry of Trade and Industry upgraded Singapore's 2025 GDP forecast to around 4%, up from an earlier range of 1.5% to 2.5%, largely thanks to the better-than-expected economic growth in the third quarter."Global economic conditions have turned out to be more resilient than expected," theMTI said in a statementThe economy grew 4.2% in the July-to-September period from a year earlier, extending the second quarter's 4.7% increase, government data showed. The third-quarter growth rate also exceeded the officialadvance estimate of 2.9% compiled in OctoberFor 2026, the authorities expected Singapore's economy to grow at a range of 1% to 3%.On a quarter-on-quarter, se
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MUFG
Earnings
- 11/17/25 - Beat
MUFG
Sec Filings
- 12/1/25 - Form 6-K
- 11/28/25 - Form 6-K
- 11/28/25 - Form 6-K
- MUFG's page on the SEC website