AFP, 17 Nov 2008
SINGAPORE (AFP) — Singapore, which is already in recession, could experience negative growth next year, the city-state's premier has warned.
Prime Minister Lee Hsien Loong said the recession will probably last a year but beyond that there could be several years of slow growth.
"Let us prepare for the worst while hoping for the best," he told a conference of his People's Action Party on Sunday.
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