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Silver linings in economy amid weak sentiment

Economists see Singapore's outlook brightening in H2; they identify construction and services as the sectors that are likely to post stronger growth

"The 'half-full' version of the lacklustre economy is that Singapore's economy is close to bottoming, if not already bottomed," says Mr Varathan (above, left). Upcoming foreign manpower policy tightening in services should keep the labour market tight, says Ms Ling (above, right).


THE indicators have not been painting a rosy picture of Singapore's economy, but the worst might soon be over, said economists, expecting some recovery in this year's second half. As Mizuho Bank head of economics and strategy for Asia and Oceania Vishnu Varathan put it: "The '...

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