Singapore Expects Greater Economic Uncertainties Next Year

Bernama.com, 18 Oct 2008

SINGAPORE, Oct 17 (Bernama) -- Singapore is expected to have slower economic growth and greater uncertainties at least over the next year, said Prime Minister Lee Hsien Loong Friday.

"The current global financial turmoil has clouded Singapores economic outlook," he said when opening the republics second major research and development (R&D) hub, Fusionopolis.

Its first major hub, Biopolis which focused on biomedical sciences opened five years ago.

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