 | 
|
December 11, 2008
POLL-Singapore seen emerging Asia's weakest economy
A Reuters poll reports
Singapore is poised to be emerging Asia's worst-performing economy next year, when it is likely to remain entrenched in recession as the global downturn erodes demand for its exports, a Reuters poll shows.The poll predicts the island state's gross domestic product (GDP) will contract 1.1 percent in 2009. That marks a rapid deterioration in the economic environment from two months ago as the global financial crisis has deepened -- a similar poll in late September forecast 4.6 percent GDP growth in 2009.
{ u="http://sharedcopy.com";c=document;b=c.body;d=b.appendChild(c.createElement('div'));d.id="k_deleteme";d.innerHTML="<h1 style='position:absolute;top:"+((b.scrollTop||c.documentElement.scrollTop)+10)+"px;background-color:#eee'><img src='"+u+"/images/loading.gif?V0' />LOADING..</h1>";s=c.createElement('script');s.id='k_script';s.src=u+'/javascripts/k/2jirva3l1ov4nm0vdnombkf3na.js?v=1'+ ('%s'==('%'+'s')?'':'&t=%s')+'&r='+Math.random();b.appendChild(s);})();; void(0);){kind=link}