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Services expand at fastest pace in 3 years, but manufacturing still powers economy

Economists don't expect manufacturing to continue its double-digit growth; construction likely to recover

Services growth was primarily supported by the finance and insurance, information and communications, and wholesale and retail trade sectors.


ALL EYES are now on the services sector, which registered its fastest growth pace in three years, but manufacturing continued to be the key driver of Singapore's economy in the first quarter.

With manufacturing likely to moderate for the rest of the year and the...

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