Highlights

Singapore prime minister says ready to stimulate ailing economy

 Publish date: Thu, 8 Aug 2019, 8:00 PM

SINGAPORE: Singapore Prime Minister Lee Hsien Loong said on Thursday his government stands ready to stimulate the economy, as the island-state suffers from some of slowest growth rates in years and economists warn a recession may be looming.
 
In an annual speech ahead of Friday’s national day, Lee also said the government would raise the retirement and re-employment rates, adding that he would reveal more details later this month.
 
 - Reuters
 

 

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