Posted inSoutheast Asia

Malaysia, Singapore doomed to Covid-19 recessions

SINGAPORE – Malaysia and Singapore, two of Southeast Asia’s worst virus-hit economies, are reaching for policy levers to mitigate the economic impact of their respective Covid-19 outbreaks. Both are projected to slip into recession this year, despite the recent announcement of multi-billion-dollar stimulus packages, with no sign yet that Covid-19 cases have plateaued or that […]