Singapore trade min says '08 GDP may miss forecast -paper

Yahoo Asia News, 23 Sep 2008, Reuters

SINGAPORE, Sept 23 (Reuters) - Singapore's trade-dependent economy may grow slower than the government's 4-5 percent forecast this year as the global credit crisis hurts demand for exports, the trade minister was quoted as saying.

The Straits Times quoted Lim Hng Kiang as saying shrinking credit in the United States will drag on the global economy despite healthy demand in emerging markets such as China, India, Southeast Asia and Latin America.

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