Growth in Q1 2018 moderated to 5.4% year-on-year (y-o-y) from 5.9% y-o-y in Q4 2017. The slowdown came ahead of economic policy reforms that might be implemented by the incoming new administration. The growth of the construction industry is expected to drop further in view of the austerity drive of the government and the expected tight economic situation of the country.
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RLB Singapore and Regional Construction Market Update…
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