Fiscal firepower notwithstanding, soft landing will still be a challenge
Singapore
IN April, the Singapore government implemented stringent social distancing measures to stem the transmission of the Covid-19 among residents. The bid to flatten the curve, instead of letting the virus rampage through the city-state, has succeeded in bringing down new infections, relieving some of the pressure on public health workers and hospitals.
But closing down businesses and safe distancing come at a substantial economic cost. Not everyone is able to engage in work - and certainly not …
A NEWSLETTER FOR YOU
SGSME
Get updates on Singapore's SME community, along with profiles, news and tips.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access
China’s better economic growth hides reasons to worry
In AI-copyright battle, an existential crisis emerges
Europe shows diversifying from China’s economy is hard to do