The economic impact of the coronavirus continues to be marked up as the impact on Chinese growth, as well as on the global economy, becomes more evident.
Global markets have sold off, and there are material risks to the year's economic outlook. In Singapore, the Straits Times Index is down by about 3 per cent since the crisis broke and estimates for Singapore's gross domestic product (GDP) growth this year have been lowered to around 1 per cent or below by several banks.
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs.