11 Aug '11, 10am

Gov't must prepare for worsening economic gloom: Tony Tan - Straits Times Singapore #TEAMFOLLOWBACK

The Government must prepare for contingencies in the face of the worsening economic gloom, presidential aspirant Tony Tan (above) said on Thursday. -- ST PHOTO: DESMOND WEE By Zakir Hussain THE Government must prepare for contingencies in the face of the worsening economic gloom, presidential candidate Dr Tony Tan said on Thursday. Jobs may be lost and unemployment could worsen, he told reporters after a 90-minute closed door dialogue with 20 members of the Singapore Malay Chamber of Commerce and Industry. Dr Tan, a former deputy prime minister, also pointed to the recent riots in England as a result of widespread unemployment, saying it would be a disaster if such a thing happened in Singapore.

Full article: http://www.straitstimes.com/The-Big-Story/The-Big-Story-1...

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