SINGAPORE, May 1 (Xinhua) -- An economy with only the services sector is volatile, Singapore's Minister Mentor Lee Kuan Yew said in response to an opposition parliamentary election candidate's proposal to give up the manufacturing sector. "You always end up with high unemployment when the services go down. Manufacturing is more steady," Lee said in a campaign interview ... Full story
Sunday, May 1, 2011
Economy with only services sector volatile: Lee Kuan Yew
SINGAPORE, May 1 (Xinhua) -- An economy with only the services sector is volatile, Singapore's Minister Mentor Lee Kuan Yew said in response to an opposition parliamentary election candidate's proposal to give up the manufacturing sector. "You always end up with high unemployment when the services go down. Manufacturing is more steady," Lee said in a campaign interview ... Full story
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