Singapore's economy posted its fastest quarterly expansion in 10 years as exports boosted growth in the June quarter to 12.5% from a year ago, lifting the full 2004 forecast to 8%–9%, the government said yesterday.
But gross domestic product (GDP) growth was expected to slow to 3%–5% in 2005 due to the exceptionally high base this year and moderation in global electronics demand, the trade and industry ministry said.
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