Jamus Lim, associate professor at the economics department of the ESSEC Business School Asia-Pacific, points out that Singapore’s policymakers have long prepped for the slowdown, by focusing efforts on innovation, knowledge industries and technological capacity.
SINGAPORE (Jan 11): Despite warnings of slower growth globally, it seems that many are not too worries about how the local economy will perform this year.
This is because, for one, the government is “pre-emptive” and “prepared” for the slowdown, reckons Joanne Goh, regional equity strategist at DBS Group Research. She notes that the government has many policy tools on hand to weather the storm ahead.
