Forbes.com, 11 Aug 2009
SINGAPORE, Aug 11 (Reuters) - Singapore said on Tuesday that its economic outlook for the rest of the year remained weak and subdued, and that it was comfortable with its monetary policy stance. 'In short, more green shoots have emerged since the last update, possibly creating a positive feedback loop for recovery. But recovery will be neither quick nor strong,' Ravi Menon, second permanent secretary at the Ministry of Trade and Industry, told a briefing.
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