Lessons from the coronavirus outbreak for Budget 2020

Businesses and the Government worked in sync over the outbreak. Such partnership is essential to move from a value-adding to a value-creating future economy.

When panic buying began over the coronavirus outbreak earlier this month, Singapore's largest supermarket chain, FairPrice, put out messages of assurance.

It emphasised the doubling of store runs and the business' stockpile of more than nine million rolls of toilet paper, 1.2 million packs of instant noodles and four million kilograms of rice, with more supplies coming in through routine daily shipments.

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A version of this article appeared in the print edition of The Straits Times on February 14, 2020, with the headline 'Lessons from the virus outbreak for Budget 2020'. Subscribe