International Herald Tribune, 25 Feb 2009, The Associated Press
SINGAPORE: Singapore said its economy shrank more than previously estimated in the fourth quarter, as a global collapse in trade hit the country's exports.
Singapore's gross domestic product shrank 4.2 percent in the October-December period from the same quarter a year earlier, more than the 3.7 percent contraction the government reported last month, the Trade and Industry Ministry said Thursday.
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