Daily Briefing: Close to 2% growth for economy; Is joining a startup accelerator worth it?

And here’s the deal on NUS Enterprise teaming up with IBM.

The Ministry of Trade and Industry (MTI) expects the Singapore economy to grow by close to two percent in 2015. In the third quarter, the economy grew by 1.9 percent on a year-on-year basis, marginally lower than the 2.0 percent growth registered during the previous quarter, but exceeds analysts expectations and the governments earlier estimate of 1.4 per cent. Read more here.

It is raining startup accelerators. In the last two years, we have seen accelerators sprouting up and taking root in Singapore. Accelerators come in all forms: international accelerators like StartupBootCamp and Alpha Camp, both of which have conducted bootcamps globally. Find out more here.

In his 1999 stand-up comedy show Dress to Kill, British comedian Eddie Izzard questioned the lyrics of the UK’s national anthem, “God Save the Queen.” His argument was that, with all her wealth and the security measures surrounding her, the Queen of England has no need of saving. One could argue that Singapore’s startup ecosystem is similarly protected. Read more here.

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