02 Aug '11, 4am

S’pore will remain open to global investment, talent: PM Lee | SingaporeScene - Yahoo! via @yahoosg

S’pore will remain open to global investment, talent: PM Lee | SingaporeScene - Yahoo! via @yahoosg

Singapore Prime Minister Lee Hsien Loong reassures investors about the country's economic direction. (Yahoo!) Singapore's fundamental economic direction will remain the same despite the political changes that took place in the recent General Election, Prime Minister Lee Hsien Loong assured the business sector on Monday. In an address at the Economic Development Board's (EDB) 50th anniversary dinner that was attended by corporate bigwigs, PM Lee pointed out that, despite the changes in society and local politics, the country's constraints remain the same. "We need to remain connected to the world to survive," he said, adding that therefore Singapore will continue to be "an international hub open to global investments and talent". His statements come amidst questions by investors on whether the government will be changing direction after the 7 May election in which the rulin...

Full article: http://sg.news.yahoo.com/blogs/singaporescene/economic-di...

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