SINGAPORE (AP) - Singapore lowered its growth forecast for 2015 because of weakness in manufacturing and said gains will continue to be modest next year even as the global economy improves.

SINGAPORE (AP) Singapore lowered its growth forecast for 2015 because of weakness in manufacturing and said gains will continue to be modest next year even as the global economy improves.

The Ministry of Trade and Industry says Wednesday that economic growth in 2015 is forecast at "close to 2 percent" and between 1 and 3 percent in 2016.

It previously forecast 2015 growth at between 2 and 2.5 percent, low compared with Singapore's average growth rate for the past decade.