Sectors vital to global supply chains to lead reopening of Singapore economy: Chan Chun Sing
Singapore
SINGAPORE will prioritise sectors "closely intertwined" with global supply chains - such as precision manufacturing, biopharmaceuticals and petrochemicals - as the country allows some businesses to gradually resume operations from May 12, said Minister for Trade and Industry Chan Chun Sing.
Speaking at an online press briefing on Sunday, Mr Chan said that sectors that enable Singapore to "trade with the world and access critical supplies" will progressively restart first.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
EU, ISSB agree on minimising overlaps in company climate disclosures
US law firm Mayer Brown to split from Hong Kong partnership
US labour costs rise by most in a year as productivity cools
US trade deficit narrows slightly in March
Canada posts surprise trade deficit as gold exports fell in March
OECD upgrades global growth outlook as US outperforms