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flag Singapore's economy grew 4.4% in 2024, exceeding forecasts, but faces 2025 growth risks due to global uncertainties.

flag Singapore's economy grew 4.4% in 2024, surpassing initial forecasts, driven by strong performance in trade, finance, manufacturing, and electronics sectors. flag However, retail and food and beverage sectors contracted due to increased overseas spending. flag The Ministry of Trade and Industry forecasts 2025 growth between 1-3%, citing global economic uncertainties and trade frictions as potential risks.

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