Singapore's wealthy to defy global downturnBY CHRIS NICHOLLS | TUESDAY, 9 OCT 2007 11:35AMSingapore's fund managers could be in for a battle for new money as the country's focus on exports, international trade and tourism will help it ride out a predicted global economic downturn from 2008-09 and increase the number of wealthy individuals by 7.1 per cent by 2011, according to a new Datamonitor report.
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