Singapore 'should avoid economic contraction', says PM Lee Hsien Loong


SINGAPORE, April 30, 2023 (AFP): 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 South-East 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 Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , PM , Economic , Message , Contraction

Next In Aseanplus News

Asean news headlines as of 10pm on Tuesday (Dec 30)
Thailand-Cambodia ceasefire holds, but Bangkok says breaches delayed release of prisoners
Alleged scam caller in Cambodia-based, Singaporean-run syndicate charged
China 'mediating in Cambodia-Thailand conflict using Asian way'
CAAM confirms burst aircraft tyre incident at Sultan Abdul Halim Airport
Myanmar's military-backed party claims strong lead in election's first phase
Crowds return as Jakarta planetarium reopens with immersive visual journey
Bangladesh declares three-day state mourning for ex-PM Khaleda Zia
South Korea to end breeding of bears and extraction of their bile
Nepal political alliance challenges traditional party dominance

Others Also Read