SINGAPORE, Oct 14, (APP/AFP) – Singapore’s export-driven economy shrank the most in four years in the third quarter, officials said Friday, as manufacturing sharply contracted on weaker global demand. The city-state, which is regarded as a bellwether for Asia’s other trade-reliant economies, has been hit hard by the slump in crude prices and sluggish world growth, which have hurt its key oil and gas services sector.
Business News
Singapore economy shrinks 4.1% in third quarter
