Singapore economy is expected to grow by 2.5-3.5% this year

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Singapore economy is expected to grow by 2.5-3.5% this year

Postby tankee » Thu Aug 08, 2013 11:14 pm

Singapore economy grew by 2.0% in the first half of 2013 and is expected to grow by 2.5-3.5% this year.

SINGAPORE: Singapore's economic growth forecast for this year is between 2.5 and 3.5 percent.

This is higher than the previous official forecast of between 1 and 3 percent.

In the first half of 2013, Singapore's economy grew by 2 percent.

Revealing the figures in his National Day Message, Prime Minister Lee Hsien Loong said in a world that is changing rapidly and unpredictably, Singapore must reassess its position, review its direction, and refresh strategies to thrive.

Recording his National Day Message at the new Toa Payoh Safra clubhouse, Mr Lee said Singapore has made steady progress in the past year.... ... 69554.html

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