PREMIUM
Business
Surprise growth helps Singapore avoid recession
The Southeast Asian nation's performance is often seen as a barometer of the global environment because of its reliance on international trade.
A pilot boat pulls a vessel out of Pasir Panjang container terminal port in Singapore on May 26, 2023. (AFP)
By: NewVision Reporter, Journalist @NewVision
SINGAPORE - Singapore's economy grew more than expected in the second quarter, data showed Friday, helping it avoid a recession, but analysts warned the trade-dependent city faced headwinds