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S’pore economy grows 14.7% in Q2, MTI upgrades 2021 growth forecast amid recovery fro
An honorable member of the Coffee Shop Has Just Posted the Following:
SINGAPORE — Singapore’s economy grew by 14.7 per cent in the second quarter of 2021 compared with the same period last year, though the economy remained slightly below pre-pandemic levels. The strong growth in the latest quarter was largely due to the low base resulting from Covid-19 circuit breaker measures from April to June last year and low external demand during that period. This had resulted in a sharp 13.3 per cent contraction at the time, the Ministry of Trade and Industry (MTI)... Read more Click here to view the whole thread at www.sammyboy.com. |
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