PM Lee hopeful economic growth above zero in 2019
Published Wed, Oct 16, 2019 · 01:49 PM
[SINGAPORE] Prime Minister Lee Hsien Loong said on Wednesday that the city-state's economy should hopefully have expanded over the course of 2019.
Speaking at the Forbes global CEO conference in Singapore, Mr Lee said full-year economic growth in the trade-reliant city-state would be well under 1 per cent and above zero "if we are lucky".
Singapore, seen as a bellwether for the global economy, has been hit by the Sino-US trade war and a global downturn in the electronics industry and narrowly dodged recession in the third quarter.
REUTERS
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