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Xinhua world economic news summary at 0900 GMT, Jan. 2

SINGAPORE — Singapore’s economy grew 2.8 percent year on year in the fourth quarter of 2023, faster than the 1.0 percent growth in the previous quarter, according to the Ministry of Trade and Industry on Tuesday.

On a quarter-on-quarter seasonally-adjusted basis, the economy expanded 1.7 percent, following the 1.3 percent expansion in the third quarter. (Singapore-Economy)

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