Singapore's productivity grew 3.9% per annum from 2019 to 2021 despite Covid-19: DPM Heng
Singapore
DESPITE disruptions from Covid-19, Singapore's productivity grew 3.9 per cent per annum from 2019 to 2021, likely driven by economic transformation efforts that had begun before the pandemic.
The increase in productivity levels during the pandemic is also higher than that in the years before, Deputy Prime Minister Heng Swee Keat revealed in a keynote address at the Singapore Apex Business Summit 2022.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Manulife pulls loan product for rich Hong Kong clients after scrutiny