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Tuesday, December 7, 2010

Singapore economy to grow by 5.1 pct in 2011 - MAS survey

Reuters, 8 Dec 2010Singapore will experience slower economic growth and slightly higher inflation next year, according to the central bank's quarterly survey of economic forecasters released on Wednesday. The Monetary Authority of Singapore (MAS) said the median estimate of 22 private sector economists was that the city-state's gross domestic product (GDP) will expand by 5.1 percent next year,