Cautious optimism about Singapore's economy in 2022 despite uncertainty over Omicron, China: PM Lee

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around the world remains an uncertainty for the economy, Prime Minister Lee Hsien Loong said he is cautiously optimistic about Singapore's recovery in the year ahead.

around the world remains an uncertainty for the economy, Prime Minister Lee Hsien Loong said he is cautiously optimistic about Singapore's recovery in the year ahead.

While the Omicron wave has gone up quickly in the developed world, it looks like it is coming down quite fast, he added."Hopefully that means the economy can continue going without being disrupted too much.""I can understand the reasons but... it takes a great effort for them to sustain this and it may have an impact on their economy beyond what is expected, in which case, it could affect us too. So we have to watch that," Mr Lee said.

Visiting workers during the festive season is an annual tradition for the labour movement, and is usually held on the first day of Chinese New Year. Gift bags containing red packets, mandarin oranges, hand towels, vacuum flasks and face masks were given out to these workers. During his National Day Rally speech last year, Mr Lee had announced that an advisory committee would be set up to explore ways to better protect platform workers - delivery workers, private-hire drivers and taxi drivers who work with platform companies to provide delivery and transport services.

Source: Financial Digest (financialdigest.net)

 

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Many countries are now less 'uncertain' about Omicron...what suggests otherwise here?

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