Category: World Weekly News

Singapore’s Economy Grows 0.7% in Q2, Avoiding Technical Recession

By Derrick Santistevan Singapore’s Economy Shows Growth in Q2 Overview Singapore’s economy avoided a technical recession in the second quarter, growing 0.7% year-on-year and 0.3% quarter-on-quarter, advanced estimates showed. Economists polled by Reuters expected to see growth of 0.3% quarter-on-quarter and 0.6% year-on-year. In the first quarter, Singapore’s economy contracted by 0.4% quarter-on-quarter on a […]