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Added on the 14/07/2021 14:00:00 - Copyright : EFE Inglés
Singapore, Jul 14 (EFE/EPA).-According to the Ministry of Trade and Industry, Singapore's economy grew by 14.3 percent in the second quarter of 2021 year-on-year. This is attributed to the fall in the GDP last year due to circuit breaker measures implemented at the height of the coronavirus pandemic in Singapore from April until June 2020. (Camera: WALLACE WOON)SHOT LIST: B-ROLL OF SINGAPORE.
Singapore, Aug 11 (EFE/EPA).- Singapore's gross domestic product (GDP) expanded by 14.7 percent in the second quarter of the year after its timid exit from recession during the first few months of 2021, the government announced on Wednesday.The rapid economic recovery of the city-state comes after the lifting of practically all Covid-19 measures imposed between January and July.This GDP growth was driven by the manufacturing sector, which expanded by 17.7 percent year-on-year, as well as the construction sector, which grew 106.2 percent between April and July, the Singaporean ministry of trade and industry said in a statement. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF SHOPPERS AT A SHOPPING MALL AND B-ROLL OF SINGAPORE.
Singapore, Apr 14 (EFE/EPA).- Singapore's gross domestic product (GDP) grew by 0.2% in the first quarter of 2021, the first expansion of the economy of the city-state since the start of the Covid-19 pandemic."The expansion is a strong signal that our economy is slowly but surely recovering from the unprecedented impact of Covid-19 last year," Trade and Industry Minister Chan Chun Sing said on Facebook after the release of the data.The Asian nation, whose GDP shrank by 5.8% in 2020, has come out of recession, according to preliminary data announced by the Singaporean Ministry of Trade and Industry on Wednesday. (Camera: WALLACE WOON).B-ROLL OF SINGAPORE.
Second quarter GDP grew at a lower-than-expected pace of 1.2 percent, despite strong consumer spending. Bobbi Rebell reports.
A smaller trade deficit and a big boost in defense spending spurred growth in the third quarter. The initial read comes just before the elections next week. Fred Katayama reports.