Singapore economy has released today the advanced GDP reading for the third quarter which recorded a huge expansion by 1.3%, compared to the revised reading of -6.3%,which was initially -6.5%, although it came above expectations of 0.8%.

On the other hand the yearly Gross Domestic Product for Singapore has recorded a boost in expansion of 5.9%, compared to the modified reading of 1.0% which was primarily 0.9%, also it came above expectations of 5.6%.