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IRs to bring in up to 1% of GDP when fully functional
THE opening of the two integrated resorts (IRs) this year will boost a sluggish economy but, as they are just starting up, their effect on this year's growth will be lesser.
The two IRs are estimated to bring in 0.5 to 1 per cent of Singapore's gross domestic product (GDP) when fully operational, revealed Minister for Trade and Industry Lim Hng Kiang in an update on the year's economic outlook in Parliament yesterday.
http://www.asiaone.com/Business/News/Story/A1Story20100112-191216.html
THE opening of the two integrated resorts (IRs) this year will boost a sluggish economy but, as they are just starting up, their effect on this year's growth will be lesser.
The two IRs are estimated to bring in 0.5 to 1 per cent of Singapore's gross domestic product (GDP) when fully operational, revealed Minister for Trade and Industry Lim Hng Kiang in an update on the year's economic outlook in Parliament yesterday.
http://www.asiaone.com/Business/News/Story/A1Story20100112-191216.html
