, Singapore

Japan tragedy to have limited negative impact on Singapore

The Asia and Pacific region will experience rebust growth both in 2011 and in 2012, said the IMF.

According to the International Monetary Fund's report, growth in the region is projected to average about 7% this year and next year.

Capital is also seen to continue flowing in the region for both years due to the region's "strong growth prospects" and driven by "abundant global liquidity and risk appetite".

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