Saturday, December 01, 2007

1 Dec 2007

Today is 1 December 2007, the last month of the year. With two holidays in this month, two half day offs granted on the eves of Christmas and the New Year and with many colleagues taking off and leave, this month will fly and soon 2007 will be history.

2008 will be the year China hosts the Olympics and Singapore hosts the F1 tournaments and besides these great events, there will be a slew of interesting happenings coming up.

However, there is a possibility that recession may set in year 2008. Recession is a vicious, cyclic occurrence. With the most recent two previous recessions in 1997, 2003, it may seem time that recession will indeed set in year 2008.

But Singapore is confident that the recent slew of international projects it has undertaken (or will be bidding and hopefully getting them), will help our country tide over the recession.

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