Morning business news round-up for May 20, 2014

Singapore's economy grew 4.9 per cent in the first three months of the year over a year ago, the Ministry of Trade and Industry (MTI) said on Tuesday. -- ST FILE PHOTO: DESMOND WEE
Singapore's economy grew 4.9 per cent in the first three months of the year over a year ago, the Ministry of Trade and Industry (MTI) said on Tuesday. -- ST FILE PHOTO: DESMOND WEE

SINGAPORE - Catch up on the morning's top business headlines in Singapore with The Straits Times Money Desk's daily update.

1. Singapore's economy grew 4.9 per cent in the first three months of the year over a year ago, the Ministry of Trade and Industry (MTI) said on Tuesday. It added that it will maintain its forecast that the economy will grow 2 to 4 per cent for the whole year.

2. Exports from Singapore slide 1 per cent in Q1. Shipments were dragged down by a contraction in electronic exports, which shrank 12.8 per cent in the first quarter over a year ago, on top of a 6.9 per cent in the previous quarter.

3. Married Singaporeans feel more financially secure, according to a new survey. The Investor Attitudes Report by Friends Provident International (FPI) showed that 45 per cent of married Singaporeans feel they are financially secure, compared with 37 per cent of single investors.