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Singapore is ready with 'package' to help businesses, workers in sudden downturn: DPM

Mr Heng spoke to visiting Malaysian journalists about the need for Singapore to always be prepared

Published Mon, Jul 29, 2019 · 09:50 PM

Singapore

A PACKAGE is ready to help Singapore businesses and workers should the global economy take a nosedive, said Deputy Prime Minister Heng Swee Keat.

Noting that the trade row between China and the United States has cast a pall on the global economy, he said the Cabinet has been discussing the recent slowdown and that the government will act if the situation turns bad.

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