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Singapore PM ‘cautiously optimistic’ for 2022 as country reopens

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4 years ago

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Singapore’s Prime Minister has revealed he is “cautiously optimistic” about the country’s 2022 reopening

Singaporean Prime Minister Lee Hsien Loong has revealed that he is “cautiously optimistic” about the year ahead, as his country progressively reopens borders and resumes travel.

Speaking to journalists on a visit to Jurong Point on the day before Chinese New Year, PM Lee admitted that while some sectors like F&B and tourism are still facing issues, the country’s economy is on “an even keel” and is set to grow 3 to 5 per cent in 2022.

Lee said while the Omicron wave of COVID is an uncertainty, “it has gone up quickly (and) is coming back down quite fast” in the developed countries.

“Hopefully that means the economy can continue going without being disrupted too much,”

Meanwhile, the Prime Minister revealed that regionally, Singapore’s neighbours are “doing ok”

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December rate cut all but locked in

Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews

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12 hours ago

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October 29, 2025

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Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews


Australia’s economy is losing steam, with weak consumer confidence, falling job ads, and a struggling construction sector, a December rate cut now seems inevitable. But it won’t be a win, it’ll be a warning.

#RBA #InterestRates #AustraliaEconomy #Inflation #Growth #Recession #FinanceNews #CPI #Economy #RateCut


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Meta and Amazon signal ‘AI efficiency era’

Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.

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12 hours ago

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October 29, 2025

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Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.


The AI boom is shifting gears, Meta and Amazon are cutting jobs to boost automation, profitability, and focus.

Analysts say this marks the dawn of an AI discipline era.

#AI #Meta #Amazon #BradGastwirth #BigTech #Automation #TechJobs #AIRevolution #EfficiencyEra #FutureOfWork


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Trump signals trade deal with China nearing

Trump claims a China trade deal is nearing completion amid new agreements across Asia.

Published

13 hours ago

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October 29, 2025

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Trump claims a China trade deal is nearing completion amid new agreements across Asia.


President Donald Trump says a trade deal with China is close as he finalises new agreements across Asia.

Talks with Xi Jinping are expected to deliver key breakthroughs in trade and diplomacy.

#Trump #China #TradeDeal #USAsia #XiJinping #Economy #Diplomacy #TradeTalks #WhiteHouse #GlobalMarkets


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