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Publish date: Tue, 03 Jan 2012, 06:25 PM
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According to the advance gross domestic product (GDP) estimates released by the Ministry of Trade and Industry (MTI), Singapore's economy experienced a slowing pace of growth in the fourth quarter of 2011. On a year-on-year (y-o-y) basis, GDP expanded by 3.6% compared to the 5.9% in the third quarter.
STI News
Singapore's trade-driven economy shrank in the last quarter of 2011, government figures showed Tuesday, raising the prospect of a technical recession as Europe grapples with its debt crisis.
Advance estimates released by the Ministry of Trade and Industry showed gross domestic product (GDP) fell 4.9 percent in the October-December quarter from the previous three months on a seasonally adjusted basis.
Singapore's total GDP was valued at Sg$303.7 billion ($235.3 billion) in 2010, government figures showed.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
