Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Economists and analysts in private sector are more cautious for the economy growth of Singapore this year, lowering their forecast for the GDP growth this year to 3.8 percent compared with the previous forecast of 3.9 percent in December.
Singapore's economy expanded by 5.5 percent in the fourth quarter of last year, which was higher than the median forecast of 4.7 percent in the survey of last December. The city-state's authorities have maintained its forecast for the whole year growth of 2014 at 2.0 to 4.0 percent, which is in line with the survey of the MAS.
Singapore has been through a new round of economic restructure in recent years, facing challenges of productivity improvement while the tightening of its migrant workforce, the economy expanded by 4.1 percent in 2013, out of market's expectation and much higher than the 1.9 percent growth in 2012.
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