Maybe this will help (2)Singapore's GDP soars 32%
Alex Kennedy
SINGAPORE — The Associated Press
Published on Wednesday, Apr. 14, 2010 7:01AM EDT
Last updated on Wednesday, Apr. 14, 2010 7:13AM EDT
.Singapore's economy grew at its fastest rate in at least 35 years in the first three months of 2010, bouncing back from a contraction the previous quarter as manufacturing activity more than doubled.
Gross domestic product grew at an annualized, seasonally adjusted 32.1 per cent in the first quarter, the biggest leap since quarterly results began in 1975, the Trade and Industry Ministry said Wednesday.
The economy grew 13.1 per cent in the first quarter from the same period a year ago, and the government boosted its 2010 GDP forecast to between 7 per cent and 9 per cent from between 4.5 per cent and 6.5 per cent, the ministry said.
“This is supernormal growth,” Singaporean bank DBS said in a report.
(some of article from todays Globe and Mail.)
Perhaps some positive benefit to the axia consortium numbers.