Sin­ga­pore econ­omy grows 1.8% inQ1

China Daily (Canada) - - BUSINESS -

The Sin­ga­porean econ­omy grew 1.8 per­cent on a year-on-year ba­sis in the first quar­ter, un­changed from the pre­vi­ously pre­lim­i­nary es­ti­mates re­leased in April. Its Min­istry of Trade and In­dus­try has main­tained the coun­try’s GDP growth fore­cast for 2016 at 1 to 3 per­cent. On a quar­ter-on-quar­ter sea­son­ally ad­justed an­nu­al­ized ba­sis, the Sin­ga­pore econ­omy grew ex­panded 0.2 per­cent, slower

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