Economists predict 2% GDP contraction for 2009
(SINGAPORE) Economists expect stronger year-on- year (yoy) growth for the final quarter of 2009, although a slump in biomedical output could trigger a quarterly contraction.
The government will announce the Q4 GDP advance estimate next Monday. But Prime Minister Lee Hsien Loong is expected to give an indication of Singapore’s 2009 economic performance and the outlook for 2010 in his annual New Y… more




























