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Economy

Singapore revises Q1 GDP growth up to 1.3% on export demand

Tighter domestic COVID rules and clampdown on migrant entries among downside risks

Singapore revised up its gross domestic product growth for the January-March quarter to 1.3% from a preliminary result of 0.2%. (Photo by Akira Kodaka)

SINGAPORE -- Singapore revised up gross domestic product growth for the January-March quarter to 1.3% from a preliminary result of 0.2%, on the back of strong export demand.

The government on Tuesday also maintained its economic growth outlook for this year, at 4% to 6%, even as rising COVID-19 cases at home and abroad hit business activity.

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