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Singapore's economy contracted for a third consecutive quarter in the October-December period as a global slump hurt demand for the city-state's exports.
Singapore's economy may shrink for a year and faces slow growth for several more as a global downturn undermines demand for the city-state's exports, Prime Minister Lee Hsien Loong said Friday.
Singapore's High Court ruled that an opposition party and two of its leaders must pay $416,000 in defamation damages to Prime Minister Lee Hsien Loong and his father, former Prime Minister Lee Kuan Yew.
Asian economies face a "rough ride" for at least the next year as weakening consumer demand from developed countries hurt the region's exports, Singapore Prime Minister Lee Hsien Loong said Friday.
New media for next GE THE Government will leverage on new media in the next General Election, Prime Minister Lee Hsien Loong has said.
PM vows help for needy THE Government has vowed that everyone who needs help in these tough times will be given help, especially poor pupils, needy families and retrenched workers.
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