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Economy

Singapore GDP rebounds 14.3% in April-June quarter

Manufacturing offsets impact of four weeks of renewed COVID restrictions

SINGAPORE -- The Singaporean economy rebounded 14.3% on the year in the April-June quarter, according to preliminary figures released Wednesday, continuing a steady recovery from the darkest days of the COVID-19 pandemic.

The latest figure is the highest jump since the second quarter of 2010, when the city-state posted an 18.6% surge in gross domestic product after the global financial crisis. Still, due to last year's deep slump, the economy is still below where it was two years ago.

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