Singapore ‘should avoid economic contraction’: PM ...Middle East

SINGAPORE: Singapore is expected to post slower economic growth this year but it “should avoid an outright contraction”, Prime Minister Lee Hsien Loong said Sunday.The Southeast Asian city-state's economic performance is often seen as a barometer of the global environment because of its reliance on trade with the rest of the world.The financial centre also has one of the busiest ports in the world which serves as a key link between Asia and the rest of the world.In his annual May Day message, Lee said there is hope inflation will let up in the second half of the year and that retrenchment numbers “remain manageable”.“But our external environment remains volatile, fraught with serious geopoli

Read More Details
Finally We wish PressBee provided you with enough information of ( Singapore ‘should avoid economic contraction’: PM )

Also on site :

• Israeli embassy worker couple shot dead outside Jewish museum in Washington DC by gunman chanting ‘Free Palestine’
• Suspect in shooting that killed 2 Israeli embassy staffers chanted ‘free, free Palestine’ after arrest: DC police chief
• Which Tiny “Purse” Dog Breed Are You, Based on Your Zodiac Sign