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SINGAPORE ECONOMY

Higher costs, dismal external demand fuel manufacturing dive

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

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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.

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...

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