26 Nov '14, 8am

Construction industry will again be dragged down by weak private-sector building activity. Read more:

Construction industry will again be dragged down by weak private-sector building activity. Read more:

The Ministry of Trade and Industry (MTI) yesterday said it expects growth for the full year to come in around 3 per cent this year, down from 3.9 per cent last year. It expects the economy to expand between 2 per cent and 4 per cent next year. -- PHOTO: S SINGAPORE'S economy will enjoy no year-end festive cheer even though third-quarter growth was better than expected. A patchy global economic showing is set to keep crimping growth here as this year winds down - and the outlook for the new year is also less than celebratory. The Ministry of Trade and Industry (MTI) yesterday said it expects growth for the full year to come in around 3 per cent this year, down from 3.9 per cent last year. It expects the economy to expand between 2 per cent and 4 per cent next year. In the current quarter, sectors depending heavily on trade, such as manufacturing and transportation and stora...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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