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SINGAPORE ECONOMY

Manufacturing loses traction as services lead Q3 growth

Services and construction sectors save Singapore from technical recession as outlook for manufacturing remains dim

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Manufacturing as a growth engine lost more of its traction in the third quarter, as service-producing industries took the lead and propelled the Singapore economy to expand more than expected.

Singapore

MANUFACTURING as a growth engine lost more of its traction in the third quarter, as service-producing industries took the lead and propelled the Singapore economy to expand more than expected.

Figures released by the Ministry of Trade and Industry (MTI) on Wednesday

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