"The 'half-full' version of the lacklustre economy is that Singapore's economy is close to bottoming, if not already bottomed," says Mr Varathan . Upcoming foreign manpower policy tightening in services should keep the labour market tight, says Ms Ling .
THE indicators have not been painting a rosy picture of Singapore's economy, but the worst might soon be over, said economists, expecting some recovery in this year's second half. As Mizuho Bank head of economics and strategy for Asia and Oceania Vishnu Varathan put it:"The '
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STI gains on day of mixed sentimentsThe Singapore market managed to close on higher ground during a session of thin trading, and one dented by sentiment that Beijing will slow the pace of policy easing after some signs of stabilisation in its economy. The Straits Times Index (STI) added 10.12 points or 0.3...
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