Singapore PM gives positive economic assessment in May Day speech


People pass by along the river quay at the financial business district in Singapore on April 20, 2021. - AFP

SINGAPORE, May 2 (dpa): The Singapore and world economies face better-than-anticpated prospects of revival this year, Prime Minister Lee Hsien Loong said, in a May Day speech.

"Compared to a year ago, our outlook has brightened considerably," according to Lee, who put the optimism down to a global recession "turning out to be less protracted than we initially feared."

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , Economy , Robust , After Covid-19 , Pandemic , Issues

Next In Aseanplus News

HK stars Lai Lok-yi, Ali Lee praise Malaysia's food and professionalism during filming
Sri Lanka issues fresh landslide warnings as toll passes 600
Singapore’s 55 billionaires in 2025 have combined net worth of US$258.8bil: UBS
Cambodia's export of milled rice up 39 per cent in first 11 months of 2025
Singapore and Malaysia will jointly study optimal air traffic management
Third Urban Mekong Corridor Initiative Dialogue in Laos aims to promote sustainability
Fun-filled school holiday activities at Brunei national library
From Pope Francis to Charlie Kirk, many deaths in 2025 had a wide impact
Jail, caning for Indian national who raped 12-year-old girl, tried to obstruct trial with hunger strike
US pauses all immigration applications from 19 non-European countries; troubled Myanmar among countries included in list

Others Also Read