Singapore’s economy rises in Q3

Singapore’s economy grew by 4.1 per cent year-on-year in the third quarter of 2024, up from 2.9 per cent in the previous quarter, based on a preliminary estimates by Ministry of Trade and Industry.

On a quarter-on-quarter basis, the economy expanded by 2.1 per cent, outpacing the 0.4 per cent growth in the second quarter.

Attribution: Singapore’s Ministry of Trade and Industry report

Subediting: M. S. Salama