Singapore is facing its most severe recession ever, due to the shock to supply and demand caused by the Covid-19 pandemic, said Ravi Menon, managing director of the Monetary Authority of Singapore. The country’s gross domestic product for this year is forecast to contract between 7% and 4%, Mr....
https://www.hellenicshippingnews.com/singapore-facing-most-severe-recession-yet-mas-says/