Singapore GDP Figures And Ecinomy Grew Bigger Than My Lun Cheow!

[ahleebabasingaporethief]

Singapore GDP Figures And Economy Grew Bigger Than My Lun Cheow!

QUESTIONS For ALL Singaporeans

1. You got pay raise?
2. Your CPF restored?
3. Your disposable income went up?
4. You got a decent job like before?
5. You can afford both a car and HDB on your salary?
6. Your govt bills (MRT, PUB, etc) have gone down?

Answer is NO? then how the fuck did our economy and GDP figures SHOOT up by so much? 19.3 % and 26% woh.

Answers:

1. Very good MASSAGING
2. FTs
3. Raising prices of everything Singaporean uses daily.


Singapore Raises 2010 Forecast on Strong Quarterly GDP


Published: Tuesday, 13 Jul 2010 | 9:07 PM ET

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By: Reuters

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Singapore on Wednesday raised its economic growth and exports forecast for the year as second quarter gross domestic product (GDP) and June trade data came in above forecast.
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Mike Kemp | Getty Images​

<hr color="#c0c0c0" noshade="noshade" size="1"></td></tr></tbody></table>Singapore's GDP rose a stunning 19.3 percent in the second quarter of 2010 from a year earlier, far above expectations, according to advance estimates from the <leo_highlight style="border-bottom: 2px solid rgb(255, 255, 150); background-color: transparent; background-image: none; background-repeat: repeat; background-attachment: scroll; background-position: 0% 50%; -moz-background-size: auto auto; cursor: pointer; display: inline; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial;" id="leoHighlights_Underline_0" onclick="leoHighlightsHandleClick('leoHighlights_Underline_0')" onmouseover="leoHighlightsHandleMouseOver('leoHighlights_Underline_0')" onmouseout="leoHighlightsHandleMouseOut('leoHighlights_Underline_0')" leohighlights_keywords="ministry" leohighlights_url_top="http%3A//shortcuts.thebrowserhighlighter.com/leonardo/plugin/highlights/3_2/tbh_highlightsTop.jsp?keywords%3Dministry%26domain%3Dwww.cnbc.com" leohighlights_url_bottom="http%3A//shortcuts.thebrowserhighlighter.com/leonardo/plugin/highlights/3_2/tbh_highlightsBottom.jsp?keywords%3Dministry%26domain%3Dwww.cnbc.com" leohighlights_underline="true">Ministry</leo_highlight> of Trade and Industry.
The economy expanded 26.0 percent in the April-June period on an annualized and seasonally adjusted basis.
International Enterprise Singapore, the country's trade agency, also said non-oil domestic exports (NODX) jumped 28.7 percent in June from a year earlier.
Singapore now expects its economy will grow by 13-15 percent this year, up from a previous forecast of 7-9 percent, while NODX is expected to expand by 17-19 percent, up from the earlier projection of 15-17 percent.
The U.S. dollar weakened slightly against the Singapore dollar <script type="text/javascript">cnbc_comboQuoteMove('popup_sgd=_ID0EHH15839609');</script>[SGD= Unavailable () [IMG]http://media.cnbc.com/i/CNBC/CNBC_Images/backgrounds/realtime_icon.gif[/IMG]]<script type="text/javascript"> cnbc_quoteComponent_init_getData("sgd=","WSODQ_COMPONENT_SGD%3d_ID0EHH15839609","WSODQ","true","ID0EHH15839609","off","false","inLineQuote"); </script> after the better-than-expected data, and is now trading around 1.3740/50.

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[manokie]

GDP growth is JUST a number

What's important is the improvement of Sinkie's living standards, which are obviously degenerating.

 

[ahleebabasingaporethief]

<object width="480" height="385">MASTURBATION (mental) is such a big word in Singapore.</object>
<object width="480" height="385"></object>​

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[Ash007]

Eh a guess here, MIW raise their salary, in turn raising the GDP lah. > $1million for each ministar, how GDP won't increase?