10 Aug '12, 12am

Singapore GDP fell an annualized 0.7% last quarter as pressure gains for policy easing

Singapore ’s economy shrank less than initially estimated last quarter as pharmaceutical output countered declining electronics manufacturing, even as the faltering outlook led the government to cut growth forecasts. Gross domestic product fell an annualized 0.7 percent in the second quarter from the previous three months, when it expanded a revised 9.5 percent, the Trade Ministry said in a statement today. That compares with a July preliminary estimate of a 1.1 percent contraction and the median prediction of a 0.5 percent gain in a Bloomberg News survey of 11 economists. The Singapore government this week trimmed its prediction for 2012 growth to 1.5 percent to 2.5 percent, from an earlier forecast for an expansion of as much as 3 percent. Policy makers across the world are girding for a deeper slowdown from Europe’s sovereign-debt turmoil, with Asian central banks from ...

Full article: http://www.bloomberg.com/news/2012-08-10/singapore-econom...

Tweets

Singapore's Economy Contracts Less Than Initial...

sfgate.com 10 Aug '12, 4am

(Updates with comment from economist in fourth paragraph.) Aug. 10 (Bloomberg) -- Singapore’s economy shrank less than ini...

Singapore Economy Contracts as Pressure Gains for Policy Easing: Singapore's economy contracted last quarter, ad...

Singapore Economy Contracts as Pressure Gains f...

businessweek.com 10 Aug '12, 12am

Singapore’s economy shrank less than initially estimated last quarter as pharmaceutical output countered declining electro...

Singapore Quarterly Growth Contracts More Than ...

cnbc.com 10 Aug '12, 12am

Singapore on Friday warned of continued uncertainties and downside risks even as it revised second quarter GDP estimates s...

Singapore’s Stocks Shine Even as Economy Shrinks

cnbc.com 10 Aug '12, 5am

Data on Friday showed Singapore’s economy contracted 0.7 percent in the second quarter from the first on an annualized and...

Singapore PM narrows 2012 growth forecast to 1.5-2.5pc: SINGAPORE, Aug 8 – Singapore’s trade-driven economy is l...

Singapore PM narrows 2012 growth forecast to 1....

themalaysianinsider.com 08 Aug '12, 11am

SINGAPORE, Aug 8 – Singapore’s trade-driven economy is likely to grow by 1.5 to 2.5 per cent this year, Prime Minister Lee...

estimated worth is $196 Website Value Calculator

greenkeyglobal.com 13 Aug '12, 4am

The Green Key Eco-Rating Program and Green Key Meetings Program are graduated rating systems designed to recognize hotels,...

Singapore is the richest country in the world i...

facebook.com 14 Aug '12, 2pm

GDP does not measure wealth, it measures how much we produce. Whether we are 1st or 3rd it means that we are good at produ...

Singapore trims its 2012 growth forecast as glo...

bloomberg.com 08 Aug '12, 10pm

Singapore cut the upper end of its economic growth forecast for 2012 as a global slowdown from Europe to China weighs on t...

PS Cafe defined our cafe culture - let's agree to disagree?

PS Cafe defined our cafe culture - let's agree ...

food.insing.com 08 Aug '12, 9pm

The dominance of shopping centre coffee chains and roadside family-run kopitiams is waning. Now Singaporean cafes boast ec...

Singapore July exports rise 5.8% vs estimated 5% on electronics, petrochemicals

Singapore July exports rise 5.8% vs estimated 5...

bloomberg.com 17 Aug '12, 12am

You need to enable Javascript to play media on Bloomberg.com Play Singapore July Exports Rise More Than Estimated Singapor...

#Bloomberg's list of World's Healthiest Countri...

alvinology.com 16 Aug '12, 1pm

Today the message of God part 1…In the name of the father and of the son and of the holy spirit greeting to you all.,God i...

4 essential duties of a Singapore company director

4 essential duties of a Singapore company director

e27.sg 10 Aug '12, 4am

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. (Credit: Rikvin) ...