Tuesday, January 8, 2008

S'pore's Economy

This is from a recent newspaper cutting. I need some economist or anyone with a good know- how on this topic to enlighten us.TQVM

1 comment:

CT Chow said...

Economists said the deceleration was mainly due to the volatile pharmaceutical industry production facility due for retooling. Electronic and finacial sectors are facing pressure from USA credit crunch and housing woes.

USA market constitute 1/5 of total singapore export,it effected the economy's contraction.