SINGAPORE -- Singapore's economy grew 2.7% in the January-March period from a year earlier, preliminary data showed on Friday, accelerating from 2.2% expansion in the previous quarter due to a recovery in the tourism sector.
City-state keeps monetary policy unchanged as inflation remains sticky
Jewel Changi Airport, a popular tourist spot in Singapore. The city-state's economy grew 2.7% in the first quarter of 2024. © Reuters
SINGAPORE -- Singapore's economy grew 2.7% in the January-March period from a year earlier, preliminary data showed on Friday, accelerating from 2.2% expansion in the previous quarter due to a recovery in the tourism sector.