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Firms not surprised by S$10b cut in forecast for construction demand

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Construction firms say they are not surprised that the Building and Construction Authority (BCA) has lowered its forecast for this year's projected construction demand by S$10 billion, given the slow recovery in the sector since resuming operations.

Singapore

CONSTRUCTION firms say they are not surprised that the Building and Construction Authority (BCA) has lowered its forecast for this year's projected construction demand by S$10 billion, given the slow recovery in the sector since resuming operations.

The BCA had, in...

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