23 Hrs
Source:
Sky News
Singapore Q1 economy up 6 percent
The news highlighted Singapore's economy grew by 6% in the first quarter of the year, driven by increased demand for AI chips and expanded production of data center components, reflecting strong performance in the trade, manufacturing, and finance sectors. Despite challenges stemming from the war in the Middle East and the impacts of rising prices and inflation, the government continues to forecast economic growth between 2% and 4% for the current year, closely monitoring global developments.
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