Singapore firms see mixed recovery as China lockdown thaws
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE companies in China, where the novel coronavirus first broke out, are experiencing mixed levels of recovery as the country unravels some of its strict social distancing measures and lockdowns.
Those in consumer-facing sectors appear more affected, especially with reports of new coronavirus cases - including in the initial outbreak epicentre Wuhan - stoking concerns of a second wave of infections. Also, some regulations on social distancing remain.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore