Reuters India, 9 Aug 2009
SINGAPORE (Reuters) - Singapore's Prime Minister Lee Hsien Loong warned the city state to brace for further job retrenchments in 2009, although he said the economy did better than expected in the first half of the year.
"We might see another wave of retrenchments later in the year, so we must stay on guard for more challenges to come," Lee said in a recorded speech on state television on Saturday, the eve of national day.
Read More
Related:
Singapore PM warns of more retrenchments in 2009 - The Malaysian Insider
Singapore PM warns of more retrenchments in 2009 - Forbes.com
