Going on a spending spree for the future

The Star Online
2nd Feb 2008
Seah Chiang Nee

Several mega projects and investments worth tens of billions of dollars due for completion between now and 2011 will fuel a new phase of growth.

THE shadow of global recession lengthens, but Singaporean leaders seem much less infected by the general gloom, which is unlike their traditional sense of exaggerated worries.

In previous crises, the practice had generally been to talk up the problem as a means of gearing the people to prepare for the worst. And if it turned out to be less severe, it wouldn’t have mattered, anyway. >>>> More