Daily Briefing: Singapore lowers growth forecast; Singapore expects to claw fresh exports

And here are the top credit cards in Singapore.

Singapore's economic growth will dip to "close to 2.0 percent" this year after the city-state avoided a technical recession, the government said Wednesday, with a potential further slowdown seen in 2016. The decline from a growth rate of 2.9 percent in 2014 reflects the impact on Asia of slowing demand for its exports from major world economies including the United States, China and Europe. Read more here.

Singapore is targeting a new export for China, already its largest trading partner: the city-state's iconic chilli crab. The dish is no minor matter in Singapore, where it's considered a "must try" for all tourists. For that matter, Singapore's restaurant industry is no minor matter either: The food and beverage industry contributed around 3.2 percent of the country's gross domestic product (GDP) in 2013. Find out more here.

If you’re a proud owner of an American Express credit card here in Singapore, you ought to keep your smile plastered on your face. American Express has emerged champion in a credit card satisfaction survey conducted in Singapore by global market research firm J.D. Power. Read more here.