Singapore’s PM Sounds Warning

🇸🇬 🇸🇬 Warning: Singapore’s economy ‘will be affected’ with ‘troubled’ international outlook: PM Lee
The Russia-Ukraine conflict continues, with no good outcome in sight. US-China tensions are likely to persist. How quickly China recovers from Covid-19 remains to be seen, while the US and European Union (EU) may well enter recession, he adds in his New Year’s Speech
The Ministry of Trade and Industry (MTI) expects Singapore to see slower growth in 2023 ranging between 0.5% to 2.5%
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