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.
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Thu, Mar 26 202011:51 PM EST