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China lifts Singapore out of recession

besotted

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China lifts Singapore out of recession

Mariko Oi, reporter, BBC Asian Business Report


There was a big sigh of relief for many Singaporeans as the economy expanded in the second quarter at its fastest rate in nearly 6 years.

Growth surpassed expectations, with a more than 20% rise from the previous quarter. All thanks to a surge in biomedical production.

Manufacturing is not exactly a huge part of Singapore's economy, but the island specialises in pharmaceuticals and high-end specialist manufacturing.

And increased demand for flu vaccines helped an already recession-proof sector to expand.

Exports, which are the real lifeblood of Singapore's economy, rose nearly 6% in May. Shipments of raw materials such as iron ore are picking up. The reason, yet again, appears to be China.
The government now says it expects the economy to shrink between 4% to 6% this year, up from a previous forecast of a 6% to 9% contraction.
 

Leegimeremover

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It is so laughable to think that what the leegime is doing is not apparent to Singaporeans let alone real global players. This day and age, figures and information elsewhere are available to figure out what leegime is doing. It is that obvious.
Massaging figures to go up and down does not change fundamental problems yet to be address that are growing by leaps and bounds. Other tipping point figures are coming.
Continue to fail address the most pressing figures and hide behind massaged and untrue figures is a sure recipe of downfall that has many historical examples. I guess people are fallible and this fallbility is magnified in positions of power. Show is coming.
 

TeeKee

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can scratch my back or not?

542px-lee_kuan_yew.jpg
 

hockbeng

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China lifts Singapore out of recession

Mariko Oi, reporter, BBC Asian Business Report


There was a big sigh of relief for many Singaporeans as the economy expanded in the second quarter at its fastest rate in nearly 6 years.

Growth surpassed expectations, with a more than 20% rise from the previous quarter. All thanks to a surge in biomedical production.

Manufacturing is not exactly a huge part of Singapore's economy, but the island specialises in pharmaceuticals and high-end specialist manufacturing.

And increased demand for flu vaccines helped an already recession-proof sector to expand.

Exports, which are the real lifeblood of Singapore's economy, rose nearly 6% in May. Shipments of raw materials such as iron ore are picking up. The reason, yet again, appears to be China.
The government now says it expects the economy to shrink between 4% to 6% this year, up from a previous forecast of a 6% to 9% contraction.

What rebound? Walk the ground and you know there is no rebound. 154th cannot be trusted.
 

jim007jimmyboy

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i dun he's that holy....but compare to Mao, Stalin or Hitler, he's a saint..:biggrin:

he is worse then them, crook pretending to be saint the worse of the worse!

google Operation ColdStore and Operation Spectrum and do some research u shd be able to find out the truth about this scum bag!


why he banned books written by some of them cos it is against his version of Singapore History!!!
 

khunking

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Have you given up your Singapore passport?

革命無罪造反有理

China lifts Singapore out of recession

Mariko Oi, reporter, BBC Asian Business Report

Exports, which are the real lifeblood of Singapore's economy, rose nearly 6% in May. Shipments of raw materials such as iron ore are picking up. The reason, yet again, appears to be China.
The government now says it expects the economy to shrink between 4% to 6% this year, up from a previous forecast of a 6% to 9% contraction.
 
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