SINGAPORE — Even as Singapore is likely to avoid a recession this year, there are still “many dark clouds” around the world, and Singapore will need to make the most of its advantages to weather this storm, said Prime Minister Lee Hsien Loong on Saturday (Jan 21).
“If you look around the world, so many dark clouds outside us, around us, and we need to distinguish ourselves and make the most of our advantages to keep ourselves safe,” he said.Mr Lee was speaking to journalists on the sidelines of a Chinese New Year eve visit to the Woodlands Integrated Transport Hub bus interchange.
“I hope all Singaporeans will have a good year, and most importantly a healthier year, as we deal with Covid-19 in our stride. Still there, but no longer obsessing our thoughts,” he said.“We are expecting growth to be slower due to possible recession in developed countries,” he said. He also took part in the tossing of yusheng , a Chinese New Year tradition, with representatives from the National Trades Union Congress , National Transport Workers’ Union , transport operator SMRT, as well as transport workers.
“Speaking to the bus drivers earlier, they said the economy is better, maybe their pay should also increase.”In a press statement by NTUC on Saturday detailing Mr Lee’s visit, the labour movement said that it recognises “the need to improve career prospects by upskilling our public transport workers, especially our bus captains”.
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