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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.

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