Singapore economy expands by 3.3%

SINGAPORE: Singapore’s economic growth held above 3% for a second year, Prime Minister Lee Hsien Loong said, calling on the nation to rally around a new team of leaders and ensure continuity as he prepares to step down.

Gross domestic product expanded 3.3% in 2018, Lee said in his New Year message. That matches the median estimate in a Bloomberg survey of 14 economists.