Singapore's recession worse than first thought as virus slams Asia's exporters
Tuesday, 11 August 2020
SINGAPORE- Singapore’s recession was deeper than first estimated in the second quarter as the coronavirus pandemic dealt a major blow to Asia’s trade-reliant economies. The city-state has been hit hard by COVID-19 with the country under a lockdown for most of the second quarter to curb the spread of the virus. “There continues to be significant uncertainty over how the COVID-19 situation will evolve in the coming quarters,...
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