Bloomberg.com, 15 Jul 2010
July 15 (Bloomberg) -- Singapore may be forced to consider allowing further gains in its currency after a record first-half expansion put the economy in contention for the world’s fastest- growing this year.
The government yesterday reported an 18.1 percent surge in gross domestic product in the first half, unprecedented in data going back to 1975. Record tourist arrivals are benefitting companies from Singapore Airlines Ltd. to casino operator Las Vegas Sands Corp., while a two-year-low jobless rate has helped spur a 38 percent jump in house prices in the past 12 months. Full Story
Related:
Singapore May Need to 'Tighten Screws' on Expansion - San Francisco Chronicle
