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Daily Archives: 2009-02-02

S’pore a speedboat in a storm

‘Our total trade is 3.5 times our gross domestic product, one of the highest in the world,’ Mr Goh said yesterday at a Chinese New Year lunch in his Marine Parade constituency. So the fall is faster and steeper when the global economy collapses, which explains why Singapore was the first in the region to slip into recession last year. …

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