Singapore's GDP beats predictions
China Daily | Updated: 2009-05-22 08:16
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A container ship is maneuvered into position at the Brani terminal of the port of Singapore. The nation's economy shrank less than initially estimated last quarter. Bloomberg News |
SINGAPORE: Singapore's government said the economy shrank less than initially estimated last quarter and a second stimulus package may not be needed as the nation emerges from the deepest recession in its 44-year history.
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