Trade war, major export markets to determine Singapore's economic outlook: Chan Chun Sing, higher fares will be needed in face of rising subsidies for public transport: Khaw Boon Wan at
The outlook for the Singapore economy will be determined by developments in the US-China trade conflict, as well as how the city-state’s major export markets perform, said Trade and Industry Minister Chan Chun Sing in Parliament on Monday.
TRADE and Industry Minister Chan Chun Sing laid down three key uncertainties that Singapore faces: the US-China trade dispute, which has gone beyond retaliatory tariffs to other areas such as restrictions on technology access and sales; the uncertainty and the risk of a disorderly Brexit; and the political uncertainties of some regional economies.
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