Economics

Singapore Says It’s Well-Placed to Ride Out Global Slowdown

  • Officials see ‘sound’ economic fundamentals for city state
  • Trade minister Chan Chun Sing speaks in Parliament Monday

Commercial buildings standing in the central business district are reflected in a rooftop pool in Singapore.

Photographer: Brent Lewin/Bloomberg
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Trade-reliant Singapore is in a good position to ride out the global economy’s slowdown, with the government on track to meet its foreign investment targets this year despite mounting risks, Minister for Trade & Industry Chan Chun Sing said.