Singapore, May 22, 2025 (AFP) - Singapore economy beats Q1 forecasts, warns of trade war risks

NAMPA / AFP

2025-05-22

Singapore's economy rose faster than expected in the first quarter year-on-year, official data showed Thursday, pushed by stronger global demand as businesses rushed to beat the imposition of higher US tariffs. The government, however, warned that downside risks remained as a full-blown trade war between the United States and China could still reignite after the end of a 90-day pause. Singapore's trade-oriented economy expanded by 3.9 percent in......

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