Singapore economic recovery continues though GDP growth ebbs slighty


SINGAPORE, April 17 (dpa): Singapore's gross domestic product (GDP) grew for the third consecutive quarter, expanding by an estimated 2 per cent in the first three months of the year, the Ministry of Trade and Industry announced earlier this week.

Though the quarter-on-quarter expansion shows the city-state's economy is recovering from the impact of the coronavorus pandemic and related restrictions, it was down on the 3.8 per cent reported for the closing three months of last year.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , Economy , First Quarter , Growing , 2%

Next In Aseanplus News

Indonesian crew member dies in cruise ship blaze
Kim opens rare party congress
Fresh faces campaign on anti-corruption platform
Call for ‘human control’ of AI
Yoon remains defiant after life term
Pakistan, US sign pact to redevelop Roosevelt Hotel
Prabowo clinches US trade deal, slashing tariffs to 19%
Thai police go undercover as lion dancers to nab burglar
Takaichi vows growth push, defence reset
Former leader Duterte faces pre-trial ICC hearing

Others Also Read