SINGAPORE, April 14 — Singapore’s Ministry of Trade and Industry (MTI) estimated that the republic’s economy grew by 0.1 per cent year-on-year in the first quarter of 2023...
SINGAPORE, April 14 — Singapore’s Ministry of Trade and Industry estimated that the republic’s economy grew by 0.1 per cent year-on-year in the first quarter of 2023 , slower than the 2.1 per cent growth recorded in Q4 2022.
On a quarter-on-quarter seasonally-adjusted basis, the ministry said Singapore’s economy contracted by 0.7 per cent, a reversal from the 0.1 per cent expansion in Q4 2022. “The sector’s weak performance was due to output contractions across all the manufacturing clusters, except for the transport engineering cluster,” it said.
Among the services sectors, wholesale and retail trade, as well as transportation and storage sectors collectively contracted by 1.1 per cent, a reversal from the 2.4 per cent growth in Q4 2022.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MATTA Fair March 2023 hits an all-time highKUALA LUMPUR: The Malaysian Association of Tour and Travel Agents (MATTA) Fair March 2023 held at the Malaysia International Trade and Exhibition Centre (MITEC) here has attracted over 180,000 consumers over the course of three days, revealed MATTA.
Read more »
2023 Yamaha Aerox/NVX155 India gets traction control - paultan.orgBeneficiary of sernew motorcycle model launches of late is India, which sees the local market release of the 2023 Yamaha Aerox 155, otherwise known as the Yamaha NVX155 in Malaysia and priced at RM11,498 for …
Read more »
APAD to regulate p-hailing service providers through Land Public Transport (Amendment) Bill 2023 - paultan.orgThe Land Public Transport (Amendment) Bill 2023 was passed in Dewan Negara today, having been passed unanimously after the bill was debated by nine senators yesterday, Bernama has reported. The Land Publis Transport Act 2010 …
Read more »
120 pelajar sertai program Kasih Ramadan 2023Presiden Berkat, Prof. Datuk Dr. Nor Aieni Mokhtar berkata, sumbangan itu diharapkan dapat membantu meringankan beban keluarga pelajar yang kurang berkemampuan bagi meraikan sambutan Aidilfitri nanti.
Read more »
MATTA Fair 2023 rekod jualan lebih RM300 jutaJumlah perolehan jualan lebih RM300 juta, jualan domestik sahaja berjumlah RM34 juta, Perbelanjaan purata bagi setiap pelanggan meningkat.
Read more »