pemFDIs fell 3.8% YoY./em/p pForeign direct investments (FDIs) broadly rose across Southeast Asia but the Lion City has once again proved its appeal to investors. /p pMcKinsey’s quarterly economic review for the region showed FDIs in Singapore went down 3.81% YoY to $32.
Foreign direct investments broadly rose across Southeast Asia but the Lion City has once again proved its appeal to investors.
Singapore’s economy expanded at a faster rate of 2.7% YoY in Q1 from the 2.2% increase in the preceding three months. Contributing to the economy’s growth were “temporal boosts” from major events like Taylor Swift’s concert, coupled with improvements in external-dependent sectors.
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