The latest growth snapshot of Singapore's economy may have painted a worrying picture, but economists point to encouraging signs in other parts of Asia which signal that the worst could be over for the tiny island state.
Singapore's gross domestic product (GDP) in the third quarter contracted at a faster pace than initially expected, shrinking 5.9 percent in the third quarter from the previous quarter, the government said on Friday, worse than its earlier flash estimate of a 1.5 percent contraction. Full story
