Singapore growth slows sharply in second quarter on quake disruptions

( – Singapore’s economy slowed sharply in the second quarter as industrial production fell due partly to global supply chain disruptions caused by Japan’s quake, analysts said Thursday. Softer spending in the United States and other major economies as governments wound down stimulus packages implemented during the global recession also led to easing demand for Singapore exports, they said.

Leave a Reply

Your email address will not be published.