A cyclist rides along the pier at the near-empty Merlion Park in Singapore. Photo: Bloomberg A cyclist rides along the pier at the near-empty Merlion Park in Singapore. Photo: Bloomberg
A cyclist rides along the pier at the near-empty Merlion Park in Singapore. Photo: Bloomberg

Coronavirus: Singapore-style stimulus not for Malaysia, Indonesia and Thailand, say economists

  • The latest tranche of measures brings Singapore’s stimulus spending to US$65 billion, or about 20 per cent of GDP, putting it alongside Germany and Japan
  • Markets gained on hopes its neighbours would follow suit, but analysts said without deep reserves, countries should consider the risks of ultra-cheap loans

Topic |   Coronavirus pandemic
A cyclist rides along the pier at the near-empty Merlion Park in Singapore. Photo: Bloomberg A cyclist rides along the pier at the near-empty Merlion Park in Singapore. Photo: Bloomberg
A cyclist rides along the pier at the near-empty Merlion Park in Singapore. Photo: Bloomberg
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