Friday, 14 Feb 2020 03:33 PM MYT
Singapore had just been showing signs of recovery from its lowest growth rate in a decade last year — a paltry 0.7 per cent — when the outbreak spread to the city-state in late January. — Reuters pic SINGAPORE, Feb 14 — Singapore’s economy could enter a recession due to the blow from the coronavirus outbreak, its prime minister said in comments reported by the“I can’t say whether we will have a recession or not. It’s possible, but definitely our economy will take a hit,” Lee Hsien Loong said.
“It’s already much more than SARS,” he added, referring to the economic impact of the 2003 Severe Acute Respiratory Syndrome outbreak that killed over 30 in the city-state and nearly 800 worldwide. The Asian business hub had just been showing signs of recovery from its lowest growth rate in a decade last year — a paltry 0.7 per cent — when the outbreak spread to the city-state in late January. — Reuters
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Anwar wants to be PM, the clock’s on and citizens still baffled | Malay MailFEBRUARY 13 — A foreign observer waded in — this is a peculiar country with quite peculiar distractions which possess no particular objectives other than to sustain peculiarities common with its zeitgeist, whatever that might be. He might as well have said it’s a twirl which leaves him —...
Source: malaymail - 🏆 1. / 86 Read more »
Rosmah able to influence Najib’s actions as PM, former MoE sec-gen testifies | Malay MailKUALA LUMPUR, Feb 13 ― Datin Seri Rosmah Mansor is very influential, to the point that she can influence the actions of her spouse Datuk Seri Najib Razak within his capacity as the prime minister, the High Court heard today. Testifying as the sixth witness against Rosmah in her contract-for-bribe... of course. she can even have her way in court now. Must be the advices given. So what you meant was, she always advise him on something right?
Source: malaymail - 🏆 1. / 86 Read more »
Zuraida says not involved in SD to keep Dr M as PM | Malay MailPASIR PUTEH, Feb 14 — Parti Keadilan Rakyat (PKR) vice-president Zuraida Kamaruddin said today she had nothing to do with the action of a group of MPs who had allegedly signed a statutory declaration (SD) to support Tun Dr Mahathir Mohamad as prime minister until the current term ends. “I’m...
Source: malaymail - 🏆 1. / 86 Read more »
Dr M denies knowledge of alleged manoeuvres over PM term | Malay MailLANGKAWI, Feb 14 ― Tun Dr Mahathir Mohamad today dismissed allegations and speculation linking him to attempts by certain quarters to keep him as prime minister for the rest of the electoral term. On the other hand, the elder statesman reiterated that he will keep his promise to handover the post...
Source: malaymail - 🏆 1. / 86 Read more »
PM to announce new stimulus package next week as Covid-19 batters economy | Malay MailKUALA LUMPUR, Feb 14 — A new package to stimulate the economy will be revealed next Thursday as Malaysia copes with the crippling effects of the novel coronavirus outbreak that is also hammering other economies worldwide. Finance Minister Lim Guan Eng said the package will be announced by Prime... And the crony vultures are probably in front of the line to benefit for sure
Source: malaymail - 🏆 1. / 86 Read more »
Singapore PM pens Valentine's Day note to healthcare workers at front line of Covid-19SINGAPORE (The Straits Times/ANN): In a Valentine's Day note, Prime Minister Lee Hsien Loong thanked all doctors, nurses, and healthcare workers for looking after their patients every day, especially during the coronavirus outbreak.
Source: staronline - 🏆 4. / 75 Read more »