Singapore's 2nd stimulus package may not be able to avert a recession: OCBC Bank

Singapore's second stimulus package is not aimed at mitigating all downside risks to its economy amid the coronavirus crisis, but to "send a very strong signal" that the government is willing to draw on reserves if needed to protect jobs and enterprises, says Selena Ling, OCBC Bank's head of treasury research and strategy.
Thu, Mar 26 202011:51 PM EST