Singapore raises growth forecast to 3.5%
Singapore raised its economic growth forecast for this year to 3 percent to 3.5 percent after third-quarter data beat projections on the back of stronger exports and manufacturing.Highlights of GDP Report Gross domestic product rose at a seasonally adjusted, annualised rate of 8.8 percent in the third quarter from the previous three months, higher than an earlier estimate of 6.3 percent Median estimate of nine economists in a Bloomberg survey was for 7.8 percent gain GDP increased 5.2 percent