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Economy, Services

Southeast Asian nations, GDP, retail trade, business services, Malaysia

Services comprise 66 percent of the GDP. In this sector, financial and business services are the most important, followed by wholesale and retail trade, and transportation and communications. Tourism is an important source of foreign exchange. Singapore is Southeast Asia’s second most important tourist destination after Malaysia, and in 1999 some 6.3 million tourists visited Singapore. Most visitors were from other Southeast Asian nations, especially Malaysia, and from Japan.



Article key phrases:

Southeast Asian nations, GDP, retail trade, business services, Malaysia, percent, wholesale, Tourism, communications, Singapore, transportation, sector, visitors

 
 

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