Times are difficult, the economy is down. Cost of living in Singapore has gone up.
In Oct 14, 2022:
Singapore’s Deputy Prime Minister and Finance Minister Lawrence Wong said on Friday (Oct 14) that the government has drawn up contingency plans if the economy falls into a recession. READ MORE: https://str.sg/wVZP
This comes as Singapore’s central bank, MAS, warned that inflation is expected to remain high in the first half of next year. We speak to Irvin Seah, senior economist at DBS, on the economic challenges facing Singapore in 2023.
Youtube link: http://bit.ly/3SS3owV
Ler Hock Chuan