SINGAPORE -- Economic growth in Singapore slowed to 1.3% in the January-March quarter from a year ago due to a slumping manufacturing sector, according to preliminary estimates released on Friday. This makes it the slowest growth since the April-June quarter in 2009 when the country was hit by the global financial crisis.
Economy
Trade war hits Singapore harder as growth slows to 10-year low
Slumping semiconductor industry causes manufacturing sector to contract
Singapore is a small city-state but its manufacturing sector accounts for about 20% of the economy. © Reuters
Read Next
Latest on Economy
