Singapore not in dire straits, says PM Lee

The Malaysian Insider, 2 Mar 2009

HUA HIN (Thailand), March 2 — For all the pervasive doom and gloom, Asia is not in crisis and Singapore is not in dire straits, says Prime Minister Lee Hsien Loong, invoking a “sense of balance” about the state of the economy.

It’s different from the (1998) Asian crisis when we were (at) ground zero,” he said during an interview with the Singapore media at the close of the Asean summit yesterday in Hua Hin.

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