High wages, cooling exports flash recession warnings in Singapore

By Jongwoo Cheon and Marius Zaharia SINGAPORE (Reuters) – SaladStop owner Adrien Desbaillets has eased off on expansion plans for his organic food chain in Singapore because high wages are pressuring profit margins at a time when the affluent city state is grappling with low growth and slack global demand. Instead Desbaillets is branching out […]