Singapore's GDP increased by 3.4 per cent in the first quarter

Singapore's Ministry of Trade and Industry recently declared that the country's GDP increased by 3.4 per cent year on year in the first quarter of 2022, down from 6.1 per cent in the previous quarter, according to Xinhua news agency.

Singapore's manufacturing sector grew by 6% year on year in the first quarter, down from 15.5 per cent growth in the preceding quarter. Except for the chemicals cluster, steady development wa....