SG one of top spenders in Naval vessels

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Coffeeshop Chit Chat - SG one of top spenders in Naval vessels</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">kojakbt22 <NOBR>

</NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Apr-14 9:34 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 9) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>11468.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>
Naval spending stays buoyant in Asia
EVEN as the growth in gross domestic product in most Asian and South-east Asian countries is expected to slow down this year, naval spending is still buoyant.
2009 Naval Budget
China: US$32.53 billion
India: US$3.63 billion
Taiwan: US$2.77 billion
Singapore: US$2.27 billion
Indonesia: US$1.19 billion
Thailand: US$1.09 billion
Malaysia: US$0.55 billion
Vietnam: US$0.46 billion
Philippines: US$0.34 billion
Brunei: US$0.13 billion
(US$1 is equivalent to S$1.51) SOURCE: AMI INTERNATIONAL
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