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Breaking News-RTRS-S'pore GDP could shrink by over 5 pct in '09 - PM

Posted by Flora Sawita Labels:

SINGAPORE, Feb 23 (Reuters) - Singapore's economy could contract by more than a government forecast of between -2 and -5 percent this year if the global economy continues to shrink, the Business Times quoted Prime Minister Lee Hsien Loong as saying.

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