Singapore bracing for possible recession due to virus outbreak, says PM

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Singapore bracing for possible recession due to virus outbreak, says PM
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PM Lee Hsien Loong says 'definitely our economy will take a hit'. FMTNews Singapore Outbreak Virus

PM Lee Hsien Loong said business at Changi airport had suffered with flights down by a third.

“The impact will be significant at least in the next couple of quarters. It is a very intense outbreak,” Lee Hsien Loong said in a video interview posted on his Facebook page. Its manufacturing and trade sectors may also be hit by widespread economic disruptions in China due to the outbreak.

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