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Singapore warns of slower growth after manufacturing-led boom

Strong performance, labor market recovery could result in adjustment to monetary policy

SINGAPORE (Nikkei Markets) -- After a robust showing last year, Singapore's economy is headed for more modest, albeit better-balanced, growth.

The Ministry of Trade and Industry sounded a note of caution while releasing growth figures for last year that bettered the initial estimate, pointing to the likelihood of a slower pace of growth in key overseas markets.

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