Economics

Singapore Partial Lockdown to Cost Economy S$10 Billion

A pedestrian stands at a traffic junction during a partial lockdown imposed due to the coronavirus in Singapore on April 7.

Photographer: Wei Leng Tay/Bloomberg
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Singapore’s partial lockdown to contain the spread of the coronavirus could cost the economy about S$10 billion ($7 billion) in lost output, Maybank Kim Eng Research Pte. estimates.