Economics
Singapore to Review Support for Vulnerable Firms Amid Outbreak
A pedestrian walks past a closed bar and restaurant open for takeaway in the central business district of Singapore on May 19.
Photographer: Lauryn Ishak/BloombergThis article is for subscribers only.
Singapore will review how it can further support companies after a new wave of Covid-19 infections prompted authorities to increase restrictions that curbed business activity and the movement of people.
While some firms have not been required to cease operations under the new rules, they have been impacted by the decline in foot traffic and the scaling back of activity levels, Finance Minister Lawrence Wong said in a Facebook post Saturday.