MAS survey says economy may expand 6.5% in 2010
Surveyed economists also predict a 9.7 percent increase in manufacturing after a 4.1 percent drop in 2009.
Growth is also expected in the exports sector, with forecast increase at 12.3 percent. Median estimates also showed private consumption may rise 5 percent this year, while financial services may see a 5.8 percent expansion. The participating economists, in addition, estimate construction growth for 2010 to be at 8.9 percent.
The survey was conducted by the Monetary Authority of Singapore involving 20 economists.
View the full report in Bloomberg.
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