Thursday, October 27, 2011

Singapore's economic growth to stall over next few quarters: MAS

Singapore's economic growth will stall over the next few quarters before seeing a modest recovery late into 2012, the Monetary Authority of Singapore (MAS) said on Thursday.

http://www.straitstimes.com/STI/STIMEDIA/image/20111012/shskyln-alch.jpg

Continued uncertainty in economic activity as well as financial volatility will be a drag on growth, affecting both the domestic electronics sector and financial and tourism-related services, the central bank said.

ORIGINAL SOURCE

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