Anonymous

09 Dec 2020

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How will Singapore's economy recover from COVID-19? What shape do you think the recovery will take?

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Hustler

09 Dec 2020

I think Singapore’s economy will recover to levels before Covid-19 by 2021 after shrinking 6-6.5% this year. Especially with the RCEP agreement, I expect our ties to be strengthened with China and this will in turn boost our economy quite strongly to pre-Covid levels after 3rd quarter next year. There’s a fantastic article on this by CNBC which i have linked below.

https://www.google.com.sg/amp/s/www.cnbc.com/am...

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Yu Qi Tan

09 Dec 2020

Student Ambassador 21/22 at Seedly

I think Singapore's tech industry will rebound pretty quick and grow even more. The economy in general could be a u shape or w shape recovery. It could be a u shape if the covid situation does not worsen and countries that have managed to curb the sprading will be able to open up. A w shape might happen if a 2nd resurgence or spread of covid happens in countries that have managed to curb it previously, causing them to tighten their restrictions and close up again...

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