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

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

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