Singapore, April 13 : Singapore's economy grew by a faster-than-expected 1.6 percent year on year in the first quarter, mainly thanks to improvements in the manufacturing sector, according to advance estimates released Friday by the Ministry of Trade and Industry.
On a seasonally-adjusted quarter-on-quarter annualized basis, the economy grew by 9.9 percent, a reversal from the contraction of 2.5 percent in the previous quarter, reported Xinhua. Full story
Related:
Singapore's economic growth in Q1 faster than expected - NYDailyNews.com
Singapore Q1 GDP up 9.9% quarter-on-quarter - MarketWatch
