Insight

ST rates S'pore's response to Covid-19: Shoring up supply lines and self-sufficiency

Some supermarket shelves were emptied out by panic buyers on Feb 7, 2020, after the Dorscon alert level was raised to orange. PHOTO: THE BUSINESS TIMES
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SINGAPORE - The vulnerabilities of global supply chains became apparent in the early days of the pandemic.

As countries and territories began to engage in panic buying or protectionist behaviour, imposing restrictions to protect their own citizens’ interests, some found themselves struggling to fulfil their needs for raw materials or finished products. 

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