Bellwether Singapore pivots from the pandemic
(MENAFN - Asia Times) SINGAPORE â With an economic recovery underway and its worst-ever recession receding, Singapore is pivoting away from pandemic-induced big spending to renew its focus on key structural changes to stay competitive in the years to come. That is at least how the city-state's latest budget, unveiled on February 16, is being pitched. But as the small island-nation emerges from the crisis of a generation, forecasts point to an uneven recovery across various sectors of its bellwether economy. That unevenness, say economists, is bound to be reflected in regional growth p...