Singapore growth forecast raised slightly


SINGAPORE: Singapore's economy will likely grow at a slightly faster pace this year than expected earlier, helped by a pickup in manufacturing and financial services, a central bank survey released yesterday showed.

Singapore, a wealthy city-state of 5.3 million people, twice came close to falling into recession last year as global demand for electronics plunged and weak financial markets took a toil on investment banks.

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Business , Business , singapore , gdp , economy

   

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