PR-inside.com, 23 Feb 2009
Singapore has consistently had one of the largest defence budgets in the Asia Pacific region. Given its small population base, the Singaporeans have focused on maintaining their spending on sophisticated and superior weaponry. However, the principal recent development affecting the future of Singapore’s defence spending is the recent rapid deterioration in economic conditions
http://www.companiesandmarkets.com/Summary-Market-Report/Singapore-Defence-and-Security-Report-Q1-2009
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