The Monetary Authority of Singapore (MAS) made it clear that the economy is not out of the woods yet, even after a sharp jump in economic growth in the July to September period.
Analysts agreed with the central bank's assessment, saying the necessity to continue with some social distancing measures for the contact-intensive segments of the service sector and restrictions on travel will keep the recovery slow and uneven.
Already a subscriber? Log in
Dive deeper at $0.99/month
Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.
ST One Digital Package - Monthly
$9.90 $0.99/month
No contract
$0.99/month for the first 3 months, $9.90/month thereafter. T&Cs apply.
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
2-week e-paper archive so you never miss out on any topic that matters to you
