SINGAPORE, Jan 22 — Even as Singapore is likely to avoid a recession this year, there are still “many dark clouds” around the world, and Singapore will need to make the most...
SINGAPORE, Jan 22 — Even as Singapore is likely to avoid a recession this year, there are still “many dark clouds” around the world, and Singapore will need to make the most of its advantages to weather this storm, said Prime Minister Lee Hsien Loong yesterday.
“I hope all Singaporeans will have a good year, and most importantly a healthier year, as we deal with Covid-19 in our stride. Still there, but no longer obsessing our thoughts,” he said.“We are expecting growth to be slower due to possible recession in developed countries,” he said. He also took part in the tossing of yusheng , a Chinese New Year tradition, with representatives from the National Trades Union Congress , National Transport Workers’ Union, transport operator SMRT, as well as transport workers.
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