Amid fickle fortunes, Singapore could slip into irrelevance: MAS chief

Singapore

THE managing director of Singapore's central bank Ravi Menon reckons himself to be at the helm of a "schizophrenic" agency, toggling between seeing the opportunities to be seized and fretting over the things that could go wrong.

The city-state should steer clear of a recession if its economy chugs along at the current pace, he said. And the outbreak of Zika is unlikely to have a significant impact on economic growth here, though it is still early days yet, he added.