Pockets of strength for S’pore despite weak global economy

📆 7/9/2019 1:16 PM
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The weakened global economy has dampened consumer and business confidence, but there are pockets of strength in the Singapore economy, Trade and Industry Minister Chan Chun Sing told the House. There will also be immediate challenges to weather, he noted, adding that the...

The weakened global economy has dampened consumer and business confidence, but there are pockets of strength in the Singapore economy, Trade and Industry Minister Chan Chun Sing told the House.

In addition, there is a need to"navigate more fundamental shifts in the global economy that will shape our medium- to long-term prospects", he added, in reply to six MPs' questions on the economy.

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