Construction sector has solid role - even in this digital age

AMID protracted economic gloom, high-growth sectors such as tech have been seen as potential bright spots. While riding the wave of these emerging industries, however, Singapore is not neglecting the importance of the stalwart construction and infrastructure sector - not just in tiding over the short-term slowdown, but for its long-term flourishing as well.

Tuesday's downgrade of the official full-year growth forecast was expected, coming after months of weak data and against a backdrop of continued global uncertainty.

In last Thursday's National Day Message, Prime Minister Lee Hsien Loong acknowledged the slowdown and gave reassurance that the government would step in to stimulate the economy if needed.