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Singapore’s economic growth is unlikely to weaken

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9 years ago

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Singapore: The growth momentum for Singapore’s economy is unlikely to weaken in the second half of 2015, the Monetary Authority of Singapore (MAS) said on Tuesday.

Singapore’s GDP increased 2.3 percent for the first half of this year on a year-on-year basis, staying in the lower half of Singapore government’s 2 to 4 percent forecast for the whole year, as per reported.

Singapore’s economy contracted by 4.6 percent in the second quarter at a seasonally adjusted and annualized rate, according to advance estimates released earlier in July.

The Ministry of Trade and Industry and MAS are reviewing their growth forecast for 2015, taking into account the weaker outturn in the first half and support factors in the second half, said MAS managing director Ravi Menon at a press conference.

Global and regional economic recovery remains broadly intact, with the US economy regaining momentum after a weak first quarter, said Ravi Menon, adding that the picture in China is mixed but latest indicators suggest the economy is stabilizing.

On inflation, Ravi Menon said Singapore has experienced negative headline inflation (CPI all-items inflation) for seven months now. However, he said that the city-state is not facing deflation, as underlying cost pressures persist.

MAS said CPI all-items inflation will likely remain negative for the rest of 2015. Inflation for the year is expected to come in at the lower half of the forecast range of minus 0.5 percent to 0.5 percent.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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