Singapore's recovery could be delayed by phased reopening, say economists


SINGAPORE (The Straits Times/ANN): The phased reopening of Singapore's economy may reduce the risk of another wave of infection, but will likely extend the recession into the third quarter and possibly delay recovery, say some economists.

Following an eight-week circuit breaker period, part of the economy will be reactivated on June 2, with measures to be lifted in three phases.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Singapore , economy , covid-19

   

Next In Aseanplus News

Fakebook? Meta blamed as online shopping fraud doubles in Singapore
Japan doctors sue Google Maps over ‘punching bag’ reviews
32 families relocated after cold lave floods hit East Java, Indonesia
Bitcoin slides below $60,000 on reports Israel strikes Iran
Stocks sink, oil jumps after Israeli attack on Iran
Malaysian woman sculptor is promoting Sarawak's heritage to the world
Local airlines resuming flights from Sabah, Sarawak following volcanic eruption
Six weeks, 969 million voters, 2,600 parties - Hindu nationalist Modi the favourite as India votes
‘Charismatic, loving, a true friend’: Ex-colleagues remember Singaporean woman killed in Spain
Opaque EIA process can harm Sabah's biodiversity, says WWF-Malaysia

Others Also Read