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O&M sector's turnover down 11.3% last year
But the industry's performance is 'respectable', says outgoing Asmi president
Published Thu, May 25, 2017 · 09:50 PM
Singapore
A PROLONGED winter in the oil price-linked marine and offshore engineering (MO&E) sub-sector dented the topline performance of Singapore's offshore and marine (O&M) industry in 2016.
The Association of Singapore Marine Industries' (Asmi) outgoing president, Chua San Lye, has nonetheless described the industry's performance as "respectable".
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