Singapore's Goh expects worse next year from global financial crisis

Xinhua, 12 Nov 2008

HONG KONG, Nov. 11 (Xinhua) -- Singapore's Senior Minister Goh Chok Tong said Tuesday that the real economy had slowed down everywhere amid the current global financial crisis and next year could be worse.

Goh made the remarks in his keynote speech entitled "Governance and Growth in Emerging Asia" at Asia Society Hong Kong Center's annual dinner held at JW Marriot hotel.

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