Singapore's economy grows 10.3 percent in third quarter, slowing from record pace
Singapore says its economy grew 10.3 percent in the third quarter from a year ago, slowing from the previous quarter's record pace.
Singapore will spend S$5.5 billion in the next five years to spur productivity amid an attempt to reduce dependence on foreign workers, as the government shifts its focus from minimizing the impact of the global slowdown to boosting long-term growth.