Singapore Probably Exited Recession on Output Gains

Bloomberg.com, 13 Jul 2009, Shamim Adam
July 13 (Bloomberg) -- Singapore’s economy probably expanded for the first time in five quarters as a rebound in manufacturing helped the Southeast Asian nation emerge from its worst recession since independence in 1965.
Gross domestic product rose an annualized 13.4 percent last quarter from the previous three months, after shrinking 14.6 percent between January and March, according to the median estimate of 12 economists surveyed by Bloomberg News.
Read More

Related:
Singapore GDP seen growing 13.4pc last quarter - Business Times (Malaysia)