SE Asian Stocks-Singapore hits 22-month low on growth fears

* Singapore sees steepest one-day drop in 6 months

* Economic worries, regional politics spook investors

* Thailand rebounds amid political turmoil

By Yvonne Cheong

SINGAPORE, Sept 4 (Reuters) - Singapore shares fell to
their lowest in 22 months on fears the slowing global economy
will hit home and as easing commodity prices weighed on traders
such as Noble Group (NOBG.SI).

Asian shares also slid to new two-year lows on economic
worries, but markets in Thailand and Vietnam edged higher.
[nHKG273708]

Singapore .FTSTI dropped 3 percent -- its steepest
one-day drop since March, while Indonesia .JKSE lost 1.9
percent.

"It's not surprising. Everyone was looking at the U.S. and
European economies in the first half of this year. Now, they're
looking at Singapore," said a Singapore trader.

"The private sector downgrades of Singapore's GDP didn't
help."

Economists slashed their forecast of Singapore's full year
growth this year to 4.2 percent, down from 5.5 percent, in a
report out on Wednesday. [nSGC002247]

"A turnaround can be seen if the global market picks up,
there's confirmation of strong domestic demand and inflation is
under control," said Elvira Tjandrawinata, head of research at
BNP Paribas.

Financials and property stocks fell but topping the losers'
table were planter Wilmar International (WLIL.SI), which
plunged 9.3 percent, and commodities trader Noble Group which
dived 8.7 percent.

Thailand .SETI rose 0.8 percent, while Vietnam .VNI
added 0.6 percent. The Philippine index .PSI edged up 0.2
percent, while Malaysia .KLSE ended steady.

Thai stocks rebounded despite ongoing political turmoil as
investors picked up blue chips such as oil and gas firm PTT
PTT.BK, which rose 2.5 percent, while mobile phone operator
Advanced Info Service ADVA.BK jumped 3.4 percent.

In contrast, Indonesia's largest telecoms firm PT
Telekomunikasi Indonesia (TLKM.JK) led losses on its index,
sliding 3.2 percent, while coal producer Bumi Resources
(BUMI.JK) pulled back 3.7 percent.
(Editing by Lincoln Feast)