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Slower wage growth to help ease costs

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BUSINESS costs for the manufacturing and services sectors are expected to fall this year on the back of moderating wage growth, easing rental costs and lower utilities and fuel-related costs, said the Ministry of Trade and Industry in a study. PHOTO: ST FILE

Singapore

BUSINESS costs for the manufacturing and services sectors are expected to fall this year on the back of moderating wage growth, easing rental costs and lower utilities and fuel-related costs, said the Ministry of Trade and Industry in a study.

This, however, is contingent

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