Friday, 11 November 2011
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CNBC.com, 9 Nov 2011
Singapore’s economy is visibly slowing down and will continue to do so into the first half of 2012, as global economic conditions get tough, Prime Minister Lee Hsien Loong said Wednesday.
“We are now in a period where incomes will be under pressure at the low-end. I think even in the middle, white-collar workers will also be coming under pressure,” Lee told CNBC. Full story
Lee Hsien Loong: Singapore's economy Is visibly slowing down
Singapore’s economy is visibly slowing down and will continue to do so into the first half of 2012, as global economic conditions get tough, Prime Minister Lee Hsien Loong said Wednesday.
“We are now in a period where incomes will be under pressure at the low-end. I think even in the middle, white-collar workers will also be coming under pressure,” Lee told CNBC. Full story
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