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.
FURTHER INFORMATION:
RLB Singapore and Regional Construction Market Update…
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RLB Singapore and Regional Construction Market Update…
Global economy has shown resilience in 2022 but is expected to moderate in 2023 due to the economic ...
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