In his New Year message, Singapore’s Prime Minister Lee Hsien Loong has urged citizens of the island nation to keep faith in its open economy even as others retreat from globalisation, warning that insularity and anti-establishment sentiment elsewhere in the world have fuelled “nativism, chauvinism and sectarian strife”.With a general election around the corner, Lee stressed that despite growing anxieties about the global economic slowdown, the Lion City remained better placed than other…
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