Heart of the Matter - S1: Recovery, restructuring and possibly rebound? The outlook for the Singapore economy
After seeing one of the deepest recessions in the second quarter, has the Singapore economy bottomed out? What’s the outlook after Deputy Prime Minister and Finance Minister Heng Swee Keat’s latest S$8 billion stimulus package and four previous Budgets to prevent businesses from collapsing? And which sectors and workers will be impacted most in this restructuring exercise and reshaping of the global economy? Listen to two economists give their report card. Lin Suling speaks to Associate Professor of Economics at the Singapore University of Social Sciences and former Nominated Member of Parliament Walter Theseira and CIMB economist Song Seng Wun.