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Higher costs, dismal external demand fuel manufacturing dive

Sharp 4.9% contraction in Q2 cushioned by higher growth in services and construction

Published Tue, Aug 11, 2015 · 09:50 PM

Singapore

THE manufacturing sector has turned out to be the weakest link in the first half of this year after posting a second straight quarter of contraction on Tuesday that came in even worse than initially feared. Growth in services and construction, however, managed to offset the manufacturing softness.

Manufacturer…

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