Regular life has been thrown off the rails by Covid-19, and part of its effects is a massive decline in spending. According to the Monetary Authority of Singapore (MAS)’s recent macroeconomic review, about 60 per cent of consumer spending has been affected. With air travel halted and non-essential services suspended …
Read More »COVID-19 Has People Tightening Their Belts, But Here’s What S’poreans Are Still Spending On
