Silver linings in economy amid weak sentiment

Singapore

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 'half-full' version of the lacklustre economy is that Singapore's economy is close to bottoming, if not already bottomed."

The twice-yearly Macroeconomic Review by the Monetary Authority of Singapore (MAS) on Friday no…