Singapore’s Prime Minister projects economy to expand 2.5%-3.5% in 2013

By bne IntelliNews August 12, 2013

Singapore’s Prime Minister, Lee Hsien Loong, projected that the economy is likely to expand 2.5%-3.5% this year. According to Lee Hsien Loong, the country is expected to reassess its position, review its direction and refresh strategies to thrive, due to the rapidly changing world.

The nation’s unemployment is posted low, while maintaining investor confidence and keep remain open for business. The economy accelerated 2.0% during the first half of the year.

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