Category: Economic Conditions
Singapore Economic Conditions
As per latest reports on Singapore economic conditions, Lee Hsien Loong, Prime Minister of Singapore, has called for economic integration among ASEAN nations so that they may be able to recover from tremors of global financial downturn.
Australia Economic Conditions
As far as latest information on Australia economic conditions is concerned economy of Australia has depreciated in final quarter of 2008 fiscal. This has been indicated by slump of an important economic indicator of Australia.
It has been predicted by economists that Australian economic conditions are likely to get far worse. Reserve Bank is trying its absolute best to do away with any possibilities of recession by providing more deductions in its rates of interest.
Singapore Economic Analysis: Strongest Free Market in South East Asia
According to in depth Singapore economic analysis a highly developed and free-market condition is prevalent in economic scenario of Singapore. In fiscal year 2008, GDP of Singapore with regard to purchasing power parity has been estimated to be $244 billion. Per capita income related to GDP was found to be $52,900 in 2008. Gross domestic product real growth rate has been shown to be 3 percent in 2008, while GDP as per official exchange rate, as per statistical information, was $192.8 billion.
