Close Menu
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Who is Graham Platner, the oyster farmer running for Maine Senate? | US News

Lessons to learn how to make your code vibrate using AI like ChatGPT

Masala Bond: DBS faces IT-related prosecution over 2019 Masala Bond investment

Facebook X (Twitter) Instagram
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram Pinterest Vimeo
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World
Karachi Chronicle
You are at:Home » Singapore’s economy grows by 4%, exceeding expectations | Business and Economy
Business

Singapore’s economy grows by 4%, exceeding expectations | Business and Economy

Adnan MaharBy Adnan MaharJanuary 2, 2025No Comments2 Mins Read0 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


Singapore Prime Minister Lawrence Wong said most workers’ wages were above inflation.

Singapore’s economy will grow by 4% in 2024, comfortably exceeding expectations, according to preliminary government figures.

Singapore’s Ministry of Trade and Industry said on Thursday that gross domestic product (GDP) expanded by 4.3% in the October-December period, representing full-year growth excluding the recovery following the 2021 coronavirus pandemic. announced that the rate had been raised to the highest performance since 2011.

Officials in Southeast Asian countries in November predicted growth would be around 3.5% this year.

Manufacturing, the main driver of the city-state’s export-dependent economy, grew by 4.2% last quarter, while construction and services grew by 5.9% and 4.3%, respectively.

In his New Year’s message, Singapore’s Prime Minister Lawrence Wong said most workers knew their wages were outpacing inflation and that incomes could continue to rise.

“Unlike many developed countries, we do not suffer from unemployment or wage stagnation,” Wong said.

However, Mr Wong acknowledged that Singapore’s economy is not immune to geopolitical tensions such as the Middle East war and the Ukraine war.

“Cost of living pressures continue to weigh heavily on families and communities in many countries, leaving people feeling deeply anxious and anxious about the future,” he said.

In November, Singapore’s Ministry of Trade predicted that growth would be between 1% and 3% in 2025.



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleErdogan’s whispers support the cornerstone of Türkiye’s economy
Next Article The art of scanning in football
Adnan Mahar
  • Website

Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

Related Posts

Masala Bond: DBS faces IT-related prosecution over 2019 Masala Bond investment

October 17, 2025

Nature finance myths that need to be broken to protect biodiversity

October 15, 2025

5 things to know before the stock market opens on Monday

October 6, 2025
Leave A Reply Cancel Reply

Top Posts

20 Most Anticipated Sex Movies of 2025

January 22, 2025527 Views

President Trump’s SEC nominee Paul Atkins marries multi-billion dollar roof fortune

December 14, 2024126 Views

How to tell the difference between fake and genuine Adidas Sambas

December 26, 202493 Views

Alice Munro’s Passive Voice | New Yorker

December 23, 202478 Views
Don't Miss
AI September 25, 2025

AI systems learn from many types of scientific information and run experiments to discover new materials | MIT News

Machine learning models can speed up discovery of new materials by making predictions and proposing…

Among the most troublesome relationships in healthcare AI

Does access to AI become a fundamental human right? Sam Altman says, “Everyone would want…”

Google’s Gemini AI is on TV

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to Karachi Chronicle, your go-to source for the latest and most insightful updates across a range of topics that matter most in today’s fast-paced world. We are dedicated to delivering timely, accurate, and engaging content that covers a variety of subjects including Sports, Politics, World Affairs, Entertainment, and the ever-evolving field of Artificial Intelligence.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Who is Graham Platner, the oyster farmer running for Maine Senate? | US News

Lessons to learn how to make your code vibrate using AI like ChatGPT

Masala Bond: DBS faces IT-related prosecution over 2019 Masala Bond investment

Most Popular

10 things you should never say to an AI chatbot

November 10, 20040 Views

Character.AI faces lawsuit over child safety concerns

December 12, 20050 Views

Analyst warns Salesforce investors about AI agent optimism

July 1, 20070 Views
© 2025 karachichronicle. Designed by karachichronicle.
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.