SINGAPORE -- Singapore's economy grew faster than expected in 2024, according to preliminary government data, but the pace of expansion is set to ease in what is a general election year in the city-state amid global trade uncertainties.
City-state's gains moderate in fourth quarter heading into election year
A view of Singapore's financial centre. Economic growth in the Southeast Asian city-state was better than expected at 4% in 2024, according to preliminary government data. © Reuters
SINGAPORE -- Singapore's economy grew faster than expected in 2024, according to preliminary government data, but the pace of expansion is set to ease in what is a general election year in the city-state amid global trade uncertainties.