SingaporeEconomy

Singapore economy expands 2.7% in 1Q

by

[ SINGAPORE: Singapore’s economy, in the first three months of 2024, grew at its weakest quarter-on-quarter (q-o-q) pace in a year as manufacturing slowed, but economists see growth strengthening ahead. On a q-o-q seasonally adjusted basis, the economy expanded by 0.1% in the first quarter, down from the 1.2% growth in the fourth quarter of … Read more

S’pore state land sales deals hit 11-year high

by

[ SINGAPORE: State land tender activity hit an 11-year high in 2023, with 14 government land sales (GLS) sites totalling S$7.7bil (US$5.78bil) being awarded. This was the highest annual value recorded under the GLS programme since 2012, when 51 GLS sites worth S$10.6bil were awarded, according to a report released by real estate firm Knight … Read more