Singapore’s economy grew by 3.6% last year, which was not only lower than the estimated data but also slowed down significantly compared to the previous year.
SINGAPORE —
Across sectors, the manufacturing sector shrank 2.6% year-on-year last quarter, reversing the previous quarter’s growth. This was due to declines in output in biomedicine, chemicals, electronics and general manufacturing.Summarizing the performance of last year, the manufacturing, construction and service industries grew by 2.5%, 6.7% and 4.8% respectively.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore Budget 2023 Updates | Yahoo Singapore | Yahoo Singapore
Read more »
Resident talks to Jamus Lim about challenges of households led by singles in Singapore - Singapore NewsThese are some of the issues that The Workers’ Party has spoken up about on a number of occasions to make things easier for this group, Jamus Lim said.
Read more »
Japan's weak Q4 GDP rebound poses challenge for BOJ's exit pathTOKYO: Japan's economy averted recession but rebounded much less than expected in the fourth quarter as business investment slumped, a sign of the challenge the central bank faces in phasing out its massive stimulus programme. While private consumption is holding up against headwinds from rising living cos
Read more »
Best Valentine's Day credit card promotions in Singapore (2023)So you’ve done your best to plan an affordable date, but your significant other has other plans—it’s a hotel staycation, expensive branded bag, or nothing. You don’t want to break their heart…but you also don’t want to break the bank. What do you do? The next best thing is to purchase whatever you need for Valentine’s Day 2023 in the...
Read more »
Singapore's DBS says exposure to Adani group is 'tightly managed'SINGAPORE: DBS Group has a tightly managed exposure to India's Adani group of companies, the chief executive of Southeast Asia's largest bank said on Monday (Feb 13). DBS was among a group of banks which provided finance to Adani's US$10.5 billion acquisition of Holcim's cement business in India last year.
Read more »
Dementia Singapore taps OneService app to help families to find loved ones who go missingThe OneService app has 500,000 users. Read more at straitstimes.com.
Read more »