Singapore has a lot going for it including a trade surplus, a budget surplus targeted at $1.3 billion Sing dollars, a 2.1 % unemployment rate and some fantastic GDP growth numbers in the last few years. It is one of the most fundamentally sound countries on the planet, and has been for many years.
Unfortunately, despite a consistently favorable fundamental outlook, the country has never been a place in which to hide during an economic downturn or other form of financial crisis. Full story
