Chart of the Day: Singapore's corporate sector continued expansion
A recent survey by SingStat revealed that total assets held by the corporate sector reached $4,821 billion as at end 2010.
The Singapore Department of Statistics reported:
The size of Singapore’s corporate sector continued to expand in 2010. Shareholder’s equity rose 9.5 per cent from $1,286 billion as at end 2009 to $1,408 billion as at end 2010. Total assets held by the corporate sector reached $4,821 billion as at end 2010, 8.4 per cent higher than the $4,446 billion recorded in the previous year.