Monsters and Critics, 11 Aug 2009
Singapore - Singapore's economy grew faster than expected in the second quarter 2009, the government said Tuesday, but warned that any sustained recovery was uncertain without a turnaround in demand in the city-state's major export markets.
From March to June, Singapore's gross domestic product (GDP) soared 20.7 per cent compared to the previous quarter, driven by strong gains in biomedical manufacturing and inventory restocking in the electronics sector, the Ministry of Trade and Industry said in a statement.
The result was slightly higher than an earlier estimate of 20.4 per cent given in July. In the first quarter, Singapore's GDP contracted by 12.2 per cent.
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Singapore Q2 GDP jumps revised 20.7 percent - Forbes.com
Singapore GDP Climbs In Q2 - RTTNews
Singapore Q2 GDP jumps revised 20.7 percent - Taiwan News
Singapore Economy Grows More Than Earlier Estimated - Bloomberg.com
