ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Opinion

Singapore's coronavirus stimulus package has lessons for ASEAN

Its speed is positive, but its size could be bigger to boost isolated economy

| Singapore
A screen shows a telecast of Lee Hsien Loong addressing the outbreak on Apr. 3: his team seems overly cautious.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Eleven days in the economic life of Singapore offer a glimpse of what governments are up against in the year of coronavirus. In late March, the city-state unveiled a second relief plan for traumatized businesses and households. Less than two weeks later, it had topped things up with a third.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more