IHS Chemical Week

Regions :: Southeast Asia :: Singapore

Singapore Recession Deepens; Chemicals Output Declines

6:21 AM MST | January 5, 2009 | Deepti Ramesh

The Ministry of Trade and Industry (MTI) in Singapore says that the country’s GDP in the fourth quarter of 2008 contracted by 2.6% in real terms over the same period in 2007, following the decline of 0.3% in the preceding quarter. Chemicals output fell during the fourth quarter as a result of slowing external demand, as well as temporary plant maintenance shutdowns, MTI says. The MTI says it expects the Singapore economy to grow between -2.0% and 1% in 2009, lower than the -1% to 2.0% it had forecast in November 2008. “The global economic crisis has...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa