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Singapore's economy grew 2.7% year-on-year in the first quarter

May 24, 2024 08:57 | Source: Xinhua
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 This is the Singapore urban architecture photographed on May 23. Xinhua News Agency (Photographed by Deng Zhiwei)
This is the Singapore urban architecture photographed on May 23. Xinhua News Agency (Photographed by Deng Zhiwei)

The report released by the Ministry of Trade and Industry of Singapore on May 23 shows that Singapore's economic growth has accelerated. In the first quarter of this year, the gross domestic product (GDP) grew 2.7% year-on-year, higher than the 2.2% growth in the fourth quarter of last year.

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