Mb.com.ph, 15 Nov 2009
SINGAPORE – Singapore Prime Minister Lee Hsien Loong said Friday Asia is leading the world out of a financial rut although the risks remain unless trade relations are accelerated.
“Today, Singapore and the global economy too, are experiencing a clear but modest recovery. The economies are holding steady, consumer confidence is returning, trade flows have stabilized and industrial production has shown some pick-up,” he said, citing several economies are maintaining strong growth.
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