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SINGAPORE ECONOMY

Virus outbreak derails Singapore exporters' hopes of recovery

ESG cuts 2020 NODX outlook to -0.5 to +1.5%, down a half-point from earlier projection

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Singapore's manufacturers and exporters had seemed poised for recovery as global trade sentiments improved in late 2019, but are now facing prolonged agony in the near term.

Singapore 

SINGAPORE'S manufacturers and exporters had seemed poised for recovery as global trade sentiments improved in late 2019, but are now facing prolonged agony in the near term.

Trade agency Enterprise Singapore (ESG) has cut the full-year non-oil domestic exports (NODX)...