PM Lee: Singapore GDP grows 14.7 percent in 2010

Bloomberg, 31 Dec 2010SINGAPORE (AP) — Prime Minister Lee Hsien Loong says Singapore's economy grew a record 14.7 percent this year, rebounding strongly from last year's recession.Lee said in a statement Friday that gross domestic product expanded 12.5 percent in the fourth quarter. Lee reiterated the government's GDP growth forecast for next year of between 4 percent and 6 percent. Full