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Economy may be on the path to recovery
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Visitors entering Universal Studios Singapore on July 4, about a month after the economy started reopening.
ST PHOTO: GIN TAY
Ovais Subhani Senior Correspondent, Ovais Subhani
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The double-digit decline in second-quarter economic growth could mark the beginning of the end for Singapore's worst recession.
Analysts believe the economy may have already hit rock bottom and is now on the path to recovery, but the depth of the decline means growth will remain in negative territory through the year.
