People wearing protective masks stand in line for a temperature check outside an office building in Singapore. Photo: Bloomberg
People wearing protective masks stand in line for a temperature check outside an office building in Singapore. Photo: Bloomberg

Coronavirus: Singapore braces for economic hit with ‘strong’ spending package

  • The city state is already expecting its economy to be hit harder by the coronavirus outbreak than the Sars pandemic of 2003
  • It has forecast as much as a 30 per cent decline in tourist arrivals this year, and a commensurate loss in spending

People wearing protective masks stand in line for a temperature check outside an office building in Singapore. Photo: Bloomberg
People wearing protective masks stand in line for a temperature check outside an office building in Singapore. Photo: Bloomberg
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