Bloomberg.com, 20 Jul 2009, Shamim Adam and Haslinda Amin
July 20 (Bloomberg) -- Singapore, which emerged from its deepest recession since independence last quarter, won’t have a “V-shaped” recovery as a rebound in drug and electronics output may falter, Trade Minister Lim Hng Kiang said.
Demand for goods from the world’s biggest economies in the U.S., Europe and Japan is still weak, and any pick-up in trade will be “bumpy,” Lim said in an interview in Singapore today.
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