Singapore GDP grows 5.4 percent in Q3; PDG seeks $1.2 billion loan

AI-generated briefing · First published

Singapore’s economy expanded 5.4 percent year-on-year in July-September, driven by AI-linked manufacturing and construction.

Singapore’s GDP grew 5.4 percent year-on-year between July and September, down from 6.2 percent in the second quarter, according to advance government estimates released on Wednesday. [1]

Manufacturing rose 7.5 percent and construction 8.8 percent, supported by electronics and AI-related data-centre projects. [1]

Princeton Digital Group is seeking up to $1.2 billion in syndicated loans to fund a 198.8 MW data-centre project in Johor, Malaysia. [2]

Sources

  1. Singapore’s economy grows more than 5 percent amid AI boom

    Al Jazeera · · Full text

  2. 新加坡PDG拟融资12亿美元用于马来西亚数据中心项目

    Sina Finance · · Full text

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