Singapore's Economy "Will Be Affected" With "Troubled" International Outlook: PM Lee

The Edge2023-01-01

Singapore's Prime Minister Lee Hsien Loong. Photo: BloombergFollow us onFacebookand join ourTelegramchannel for the latest updates.Singapore’s economy “will be affected” as the international outlook ...

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Comments

ML808
2023-01-03
ML808
Great
- ML808:
  yes
carroll
2023-01-02
carroll
Yoyo
carroll
2023-01-02
carroll
Hihi
- carroll:
  Yoyo
T202311701
2023-01-02
T202311701
O
AlanChong
2023-01-02
AlanChong
Ok
sunflower19
2023-01-02
sunflower19
🙏🙏🤔

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How quickly China recovers from Covid-19 remains to be seen, while the US and European Union (EU) may well enter recession,” he adds.On this, the Ministry of Trade and Industry (MTI) expects Singapore to see slower growth in 2023 ranging between 0.5% to 2.5%, he stresses.That said, the Prime Minister noted that the country’s Covid-19 response has enhanced its international standing with great interest expressed in Singapore.“Many businesses and individuals want to set up shop here and in the region,” he says.“We must seize the moment. Welcome promising investments and talents of all nationalities to Singapore, while building up our own skills and capabilities, venturing forth to chase our dreams in the region and the world. 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