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Singapore upgrades GDP outlook

SINGAPORE: Singapore’s bellwether economy expanded more than initially estimated in the second quarter and the government raised its forecast for 2021 as Covid-19 vaccinations progressed at home and in other key markets.Gross domestic product (GDP) is forecast to grow 6 per cent to 7 per cent in 2021, versus a prior estimate for an expansion of 4 to 6 per. ....