Lee Kuan Yew

MM Lee says Singapore’s economy may grow 3% next year

Singapore Minister Mentor Lee Kuan Yew on Sunday said the country's economy may grow by three per cent next year, and added that this year's fourth quarter looks healthy after Singapore's economy bounced back in the second and third quarters. Speaking at the annual tree planting ceremony at his constituency of Tanjong Pagar, Mr Lee said Singapore has emerged out of the recession with minimum damage. He...

Give green spaces some variety: MM Lee

LIVING in an urban jungle of HDB flats, residents would find green open spaces a natural tonic. So, it may seem counter-intuitive to suggest that Singapore's green planners take a leaf from their housing counterparts. But Minister Mentor Lee Kuan Yew, who said on Friday that the evolution of green spaces here was "not bad", believes the lessons learnt from building HDB flats could in a way be instructive...

MM Lee believes property values will continue to rise in long term

VIPs including Minister Mentor Lee Kuan Yew had the chance to tour The Pinnacle@Duxton on Sunday, and they were impressed by what they saw. All seven blocks at The Pinnacle are linked by sky-bridges. On the top-most 50th storey is a sky garden with breathtaking views of the cityscape. HDB names it “The Contemplative Zone”. On the 26th storey, there is an 800-metre long jogging track as well as...

Singapore is facing its most promising decade ahead

Minister Mentor Lee Kuan Yew says Singapore is facing its most promising decade ahead. He expects the economy to grow by up to 7 or 8 per cent over the next few years, barring a global economic downturn. He was speaking at a dialogue session organised by the Monetary Authority of Singapore (MAS) and the Economics Society of Singapore (ESS) on Friday. Mr Lee told his 800-strong audience of industry...

MM Lee upbeat about Singapore’s growth prospect

The coming decade could be the most promising for Singapore, says Minister Mentor Lee Kuan Yew. But to achieve progress, Singapore must have a top-class government. Mr Lee shared his views about Singapore's growth and challenges during a dialogue session hosted by the Monetary Authority of Singapore (MAS) and the Economics Society of Singapore (ESS) on Friday. Barring any serious global recession, Mr Lee...

MM Lee says Singapore at centre of world’s highest growth region

Minister Mentor Lee Kuan Yew believed Asia will not go into recession, citing not only strong growth in China and India, but also the strength of commodity prices boosting growth in Malaysia, Brunei and Indonesia. Speaking to some 1,200 people at the Tanjong Pagar Lunar New Year dinner on Monday night, Mr Lee said Singapore is at the centre of the world's highest growth region, and is in a period of...

MM Lee uncertain how a possible US recession might affect Singapore

Singapore's Minister Mentor Lee Kuan Yew said he is not certain what impact a possible US recession will have on Singapore. Although it is not clear whether financial markets will take up to two years to recover from the ordeal, Mr Lee said he feels that China and India may provide some cushion for the slowdown in the US. Asian stock markets took a beating early this week amid mounting concerns of a...

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