SINGAPORE, Dec. 16, 2009 (Xinhua News Agency) -- The global financial industry is doing much better now compared to a year ago and Singapore need to eye on long-term future, a Singapore official said on Wednesday.Chief Executive of Singapore Workforce Development Agency (WDA) Chan Heng Kee said that the financial sector holds a strategic place in the country's economy, as it contributes 13 percent of Singapore's gross domestic product (GDP) and hires 5 percent of the local workforce.
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