103 Despite lower-than-expected growth in the fourth quarter of last year due to revisions in the manufacturing and construction sectors, Singapore remained optimistic about a rebound in activity in 2024. According to government figures released on Thursday, the fourth quarter’s GDP increased 2.2% year over year; this was less than the 2.8% advance estimate that was released last month. Additionally, the fourth-quarter growth fell short of the 2.5% predicted by a Reuters survey of experts. Seasonally adjusted GDP grew 1.2% quarter over quarter from October to December, vs 1.7% in advanced expectations. The commerce ministry kept its 1.0% to 3.0% GDP growth estimate for 2024. The commerce ministry’s permanent secretary of development, Beh Swan Gin, stated that trade-related You Might Be Interested In Nvidia CEO Jensen Huang Sells $42 Million In Shares Russia’s Supreme Court Bans LGBTQ Activism SoumTech concludes the biggest online real estate auction in KSA with sales over half a billion Saudi Riyals Central Bank Official Forecasts Sri Lanka Inflation to Hit 5% in Q3-Q4 The Hartford and Active Minds: Allies in Youth Mental Health Support Soaring Skies: Global Airlines Flock to India’s Travel Boom
