The slow and bumpy recovery of the global economy, weak global demand and elevated risks related to regulatory policy changes continue to reinforce the wait-and-see attitude of many multinationals toward investment abroad, UNCTADsaid in a statement on their website yesterday.
"The developed countries must avoid a sterile triumphalism or a one-medicine-cures-all prescription, " Singapore Prime Minister Goh Chok Tong said at the United Nations Conference on Trade and Development (UNCTAD) meeting in Bangkok last week.