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MTI flags concern over slower rates of capital investment

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Published Wed, May 25, 2016 · 09:50 PM

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    Decline in investments

    Singapore

    DOWNWARD pressures on machinery & equipment (M&E) investments - and hence, Singapore's overall investment in capital - will likely remain in the near term, said the Ministry of Trade and Industry (MTI) on Wednesday.

    This is especially given continued uncertainties in the global economy, as well as the sluggish outlook for the manufacturing sector amid weak global demand.

    Singapore economySingapore manufacturing

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