The Malaysian Insider, 4 Dec 2009
Singapore, which is fundamentally strong, is now bracing itself for an economic recovery next year, while debt-ridden Dubai finds itself under the spotlight due to its credit woes.
But as recently as four years ago, Dubai was portraying itself as the “Singapore” of the Middle East, not least because of the fact that the tiny Gulf state’s economic model closely mirrors that of the South-east Asian country in the last decade.
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