Restructuring a hard slog, but it's only way to move ahead: PM

Singapore

FOR the second time in a week, Prime Minister Lee Hsien Loong has spoken at length about the challenges facing the Singapore economy in the coming years, and what it needs to do to thrive.

Addressing the nation on Friday in his annual Chinese New Year Message, he stressed the need for the economy to undergo renewal at a time when the world is entering uncharted waters.

"In Singapore, we have always grown b…