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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: Singapore says economy to shrink 1-2 pct in 2009 Reuters - 57 minutes ago SINGAPORE, Jan 2 - Singapore on Friday revised downward its 2009 economic forecast and said gross domestic product was expected to shrink 1-2 percent this year. The government had predicted a range of -1.0 per cent to 2.0 per cent for GDP growth in November. "The global economic crisis has worsened since November, with sharp declines in global demand, trade and investments," the Ministry of Trade and Industry said in a statement. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Asia Pacific Singapore lowers economic growth forecast to —2.0%Channel NewsAsia - 35 minutes ago Dozens die in New Year's nightclub fire in BangkokAP - 35 minutes ago Singapore says economy to shrink 1-2 pct in 2009Reuters - 1 hour 1 minute ago Pakistan says no confession in Mumbai probeAFP - 2 hours 10 minutes ago SKorean fools finger printing system at Japan airport: reportsAFP - Friday, January 2 Most Popular – Asia Pacific Viewed NASA describes final moments of Columbia tragedy Actress Jennifer Aniston appears naked in GQ magazine Japanese tourist spends 3 months in Mexico City airport Hamas defiant as Israel rejects Gaza truce World stocks end calamitous 2008, eye recovery View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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