Economics

Singapore’s Economy Faces Multiple Threats as Growth Slows

People seated in groups of 2 as mandated by Covid-19 safety restrictions at a food centre in Singapore, earlier in October. Photographer: Joseph Nair/NurPhoto/Getty Images

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By Low De Wei

December 19, 2021 at 9:00 PM UTC

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A year ago, Singapore welcomed 2021 hoping the worst of the pandemic was over, with Prime Minister Lee Hsien Loong hailing “the light at the end of the tunnel” as the city-state launched its vaccination drive.