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Tag Archives: “KShape”

S’pore Likely To See L-Shaped Economy Recovery, But There’s A New “K-Shape” Emerging

According to the latest data by the Ministry of Trade and Industry (MTI), Singapore suffered its deepest economic slump on record in the second quarter (Q2) of 2020. In Q2 2020, the economy declined by 13.2 per cent year on year (YoY), sharper than the estimated 12.6 per cent decrease …

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