You are here


Economic transformation must speed up for Singapore's survival beyond Covid-19 crisis

Jobless residents could exceed 100,000 in 2020, DPM warns

"In our next phase of growth, we must anchor Singapore as a Global-Asia node of technology, innovation and enterprise," Mr Heng said.


DESPITE Singapore's best efforts to mitigate the impact of the Covid-19 pandemic, the number of unemployed residents here could rise from about 73,000 in 2019 to more than 100,000 in 2020, Deputy Prime Minister and Finance Minister Heng Swee Keat said on Friday.

Mr Heng...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to