Singapore’s economy recorded a milder contraction than expected in the third quarter, the trade ministry said on Monday, thanks to the easing of coronavirus lockdown measures and an uptick in manufacturing activity.In its fifth revision this year, the Ministry of Trade and Industry forecast that full-year gross domestic product would contract by 6-6.5 per cent versus its previous forecast of 5-7 per cent. It also projected full-year growth for 2021 to come in at a range of 4-6 per cent…
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