In particular, the travel-related sector has not shown much indication of a revival. - ST
SINGAPORE (The Straits Times/ANN): While Singapore's economy has been recovering smartly, bolstered by robust trade-related industries like manufacturing, some sectors remain lacklustre and others could see slower growth in the months ahead.
In particular, the travel-related sector has not shown much indication of a revival, with the air transport segment remaining muted and hotel occupancy in Singapore falling after the year-end demand surge, the Monetary Authority of Singapore (MAS) noted in its macroeconomic review released on Wednesday (April 28).
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