This week, Singapore will again be the stage for major diplomacy on the Korea peace process, reports Yonhap news agency, Bernama reports. The ASEAN Regional Forum, slated for Saturday, will be the highest-profile diplomatic event involving North Korea since its historic summit with the United States here on June 12. President Donald Trump entered talks with North Korean leader Kim Jong Un with the stated goal of denuclearizing the country, yet wave after wave of US intelligence reports have proven that Pyongyang has continued to build missiles and bombs, writes Alex Lockie for Business Insider. Meanwhile, North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated last week, as international sanctions and drought hit growth hard, with signs living conditions were beginning to deteriorate, according to Reuters.