Singapore economy soars; government warns of asset bubbles

The Malaysian Insider, 20 May 2010
Singapore’s economy grew more strongly than expected in the first quarter, helped by a recovery in manufacturing, but the government warned of risks from asset price bubbles in Asia and the fallout from Europe’s debt crisis.
Officials said today the strong rebound from its worst-ever recession last year will be helped by a broad-based recovery in the United States and buoyant growth in large Asian economies such as China. Full Story

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