Singapore's economy grew 0.1% in the third quarter of 2019 compared to the previous quarter, breaking a two-quarter streak of contraction. This was mainly due to a rebound in the manufacturing sector, which grew 1.5% from July to September after shrinking for two consecutive quarters. However, economists caution that external and domestic uncertainties continue to weigh on overall economic growth for the whole of 2019.
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The Straits Times ~ Vito Xu, don of Asian outlet malls
Original Title
The Straits Times ~ Vito Xu, don of Asian outlet malls
Singapore's economy grew 0.1% in the third quarter of 2019 compared to the previous quarter, breaking a two-quarter streak of contraction. This was mainly due to a rebound in the manufacturing sector, which grew 1.5% from July to September after shrinking for two consecutive quarters. However, economists caution that external and domestic uncertainties continue to weigh on overall economic growth for the whole of 2019.
Singapore's economy grew 0.1% in the third quarter of 2019 compared to the previous quarter, breaking a two-quarter streak of contraction. This was mainly due to a rebound in the manufacturing sector, which grew 1.5% from July to September after shrinking for two consecutive quarters. However, economists caution that external and domestic uncertainties continue to weigh on overall economic growth for the whole of 2019.
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