In the past, Singapore introduced relief measures only in major recessions. Photo: Bloomberg

Singapore’s small firms hit by US-China trade war want help, but relief may take some time yet

  • There are signs of a looming recession in the city-state and fearful small businesses are counting on government help
  • But analysts say economic woes have not hit the stage of ‘national anxiety’ yet so unlike Hong Kong, Singapore may hold out for longer before launching relief measures
Topic |   Singapore

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In the past, Singapore introduced relief measures only in major recessions. Photo: Bloomberg
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