The recession's coming Singapore's way according to Song Seng Wun the regional economist for CIMB-GK Research.
We are pencilling in the worst for Singapore.... We might see two straight years of (economic) contractions (from 2009 to 2010) - Song Seng Wun
2 years of contraction is no joke but the latest news from US shown that there's a coordinated move globally to cut interest rates. May or may not work. Interest rates have been cut so many times this year.
0 comments
Post a Comment