Singapore GDP Jumped 32.1% in Q1
By wchung | 22 Mar, 2026
Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.
The Trade and Industry Ministry said Wednesday that gross domestic product grew an annualized, seasonally adjusted 32.1 percent in the first quarter, bouncing back from a 2.8 percent drop in the fourth quarter of 2009.
The ministry says the economy grew 13.1 percent in the first quarter from the same period a year ago. The ministry says it raised its 2010 GDP forecast to between 7 percent and 9 percent.
The central bank says Wednesday that it shifted its exchange rate policy from a 0 percent appreciation to a “modest and gradual” appreciation in a bid to dampen inflation pressure.
SINGAPORE (AP)
Articles
- Airports Step up to Feed Unpaid TSA Workers
- Don Struggles for a Face-Saving Exit from a Self-Created Nightmare
- OpenAI to Double Workforce to 8,000 by End of 2026
- BTS Comeback Concert Shuts Down Central Seoul
- United Cuts 5% of Flights, Plans for $175 per Barrel Oil
- Softbank, AEP to Build Massive Ohio Gas Power Plant, Data Center
- Musk's Liable to Twitter Shareholders, Damages to Be Determined
- Next-Gen Parenting for Success in an Automating World—for Yourself and Your Kids
- MLB’s Opening Day Odds and Value Picks
- Attack on Harvard Renewed with Another Antisemitism Suit