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VIRUS OUTBREAK

Recession possible amid Covid-19 outbreak, says PM Lee

Economists say recovery after Q1 still a possibility, but don't rule out technical recession if epidemic drags on

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PM Lee visiting Changi Airport on Friday. He says the greater linkages today between economies and China's larger role will weigh on the situation.

Singapore

WITH the Covid-19 outbreak taking an economic toll, Prime Minister Lee Hsien Loong is not ruling out the possibility of a recession here. Asked about its likelihood, he said: "I cannot say whether we will have a recession or not. It is possible, but definitely our economy will...

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