Singapore growth at 8.1% in 2004
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Singapore's economy grew by 8.1% in 2004, its best performance since 2000, trade ministry figures show.
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China's economy grew by a blistering 11.2 percent in the fourth quarter, propelling annual growth to its fastest rate in 13 years, the government said Thursday, showing that China remains vibrant despite worries that a possible U.S. recession will drag on global growth.
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Singapore's exports expanded by 17 percent to a record high last year, reflecting strong demand from China for oil and commodities and solid sales of electronics and pharmaceuticals to the United States and European Union.
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The company reports double-digit growth in eight out of 11 business units.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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SINGAPORE: Singapore&#39;s economy slowed in the third quarter but still recorded growth of 7.7 percent year-on-year. After posting its fastest quarterly expansion in 10 years in the three months to June, a slowdown
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The Asian Development Bank has raised its growth forecast for Philippine economy to between 4.7 percent and 5.7 percent both for 2004 and 2005, higher than the 4.5 percent to 5.5 percent growth projection it made in April.
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Singapore&#39;s unemployment rate improved in the third quarter reflecting the improving economic environment. The seasonally adjusted overall unemployment rate fell to 3.4 percent at
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Hong Kongâs gross domestic product rose 7.2 per cent year-on-year in the third quarter as strong trade flows and tourist spending continued to drive its recovery from the outbreak of severe acute respiratory syndrome last year.
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China's economy grew 11.4 percent in 2007, its fastest expansion in 14 years, driven by a boom in exports and investment, but growth slowed slightly toward the end of the year, according to government data reported Thursday.
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China's economy grew by 9.5 percent in the first three quarters of 2004 compared to the same period last year, China's National Bureau of Statistics announced.
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Singapore's economy is poised to meet its upgraded 2006 growth targets of 6.5 to 7.5 percent after gross domestic product (GDP) surged beyond expectations in the first half.
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The country's economy expanded by an impressive 0.8 percent in the third quarter of 2007, shrugging off the impact of the global credit crunch, according to official data published Friday.
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Singapore is set to spend two billion dollars (1.41 billion US) to increase its port's annual capacity by about 40 percent, a newspaper reported Saturday.
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Turkey's economy is expected to grow at least some eight percent in 2004, beating the year-end target of five-percent, the country's deputy prime minister said.
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The gross domestic product (GDP) of Bangladesh is expected to rise by 4.8 percent in fiscal 2004-2005 against the Asian Development Bank&#39;s (ADB) earlier projection of six percent, said an ADB press release here on Wednesday.
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The economy grew at its strongest pace in more than a year during the spring as international trade and business investment helped offset weakness in housing, the government said.