Pharmaceutical and electronics manufacturing in the second quarter, Singapore's economic growth in the past two years, the fastest rally.
The government said on Friday that gross domestic product (GDP) rose 3.7 percent from a year earlier in the April-June quarter. This is the trade-dependent economy grew 5.7 percent since the third quarter of 2011 the fastest growing.
The second quarter figures are in April and May on the basis of the activities, and anticipate the latest data released in August.
Singapore's economic growth is closely linked to the overseas demand, a leader in the global economic situation.
Manufacturing grew by 1.1% in the previous quarter, after a contraction of 6.9% in the second quarter. From the first quarter slowed to 6.8% Construction 5.6% increase.
Service sector, which has become the opening of two casino resorts in the city state, the more important is the economic growth of 5%.
Barclays Capital (Barclays Capital) in a report said that despite the higher industrial production, which indicates that the second quarter will be the final figure is lower than previously estimated, Singapore's exports remained weak.
Government expects the economy to grow by 1% and 3% this year.
 



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