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VIRUS OUTBREAK

Bright spots for Singapore despite less globalised world post-pandemic

Its place and role as key trade and financial hub, as well as overall prospects for Asean, will see it weather the storm better, say economists

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A study for the Asia Competitiveness Institute estimated that, assuming the Covid-19 effect withers away after three quarters, a recovery within about six quarters is likely for all of Singapore's sectors except construction.

Singapore

WITH the Covid-19 pandemic leading to a less globalised world, Singapore cannot expect the growth rates of the past. But globalisation will not end, and Singapore retains its international advantages, said economists.

On Sunday, Prime Minister Lee Hsien Loong warned of "...

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