Maybank Kim Eng Research predicted that our economy will suffer from a "shallow technical recession" in the next quarter.
This prediction was based on the challenging global outlook.
For an export-oriented economy like Singapore's, the trade-conflict between the US and PRC will have a significant impact on our economy.
Maybank does not expect the government's export growth estimates this year to be met, with its revised prediction standing at 1.3%.
All this means is that the time may be ripe for the PAP government to call for an election.
It will request Singaporeans for the mandate to steer Singapore through these tough economic conditions, banking on its track record. Will Singaporeans give them the mandate?