Coronavirus: Global spread may hurt Singapore economy further

Epidemic's ripple effects could last past first quarter, hit Asian economies more severely

A thermal scanner at the arrival area of Changi Airport Terminal 3 on Feb 14, 2020. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

An unexpected surge of coronavirus cases outside China has raised concerns about a more severe impact on the trade-dependent Singapore economy.

The sudden emergence of large clusters of infections in South Korea, Italy and Iran over the weekend sparked fears of a global pandemic, walloping stocks and currencies across the globe.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on February 25, 2020, with the headline Coronavirus: Global spread may hurt Singapore economy further. Subscribe