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Singapore’s economy grows 1.1 pct in 2023

februari 15, 2024by Reacties uitgeschakeld voor Singapore’s economy grows 1.1 pct in 2023

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SINGAPORE, Feb. 15 (Xinhua) — The Singapore economy expanded 1.1 percent in 2023, moderating from the 3.8 percent expansion in 2022, the Ministry of Trade and Industry announced Thursday.

Singapore’s manufacturing sector shrank 4.3 percent last year, a reversal from the 2.7 percent growth in 2022. All clusters within the sector recorded output declines, except for the transport engineering cluster, the ministry

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