Nothing new to this as many on the ground can tell you that they are feeling the tightness in the economy for the last few months.
Brace yourself for winter is coming!
Singapore. Singapore Deputy Prime Minister Tharman Shanmugaratnam has said the local economy is “in for a tough period that will last for a while”, state-owned Channel NewsAsia (CNA) reported late on Wednesday (28/09).
“We've had some growth at the start but the second half will be weaker – in the lower half of the 1 percent to 2 percent range,” Tharman told reporters, according to CNA.