Singapore avoids another technical recession as GDP being revised to show a rise of 1.8% in Q1

RTTNews, 22 May 2013
Singapore's gross domestic product expanded by a seasonally adjusted annualized 1.8 percent in the first quarter of 2013 compared to the previous three months, the Ministry of Trade and Industry said in Thursday's revised reading.
That's sharply higher than last month's advanced estimate that showed a 1.4 percent contraction - although it's still down from the 3.3 percent increase in the fourth quarter of 2012. Full story

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