Instead of launching a counterattack, Percival surrendered Singapore in what Winston Churchill described as the worst disaster in British military history
Despite Singapore’s highly developed economy, its prices have been stable and its GDP per capita has been higher than most developed nations. Taking into account the recent World Bank’s Ease of Doing Business Report, Singapore ranks #2 in terms of business-friendly countries around the world, while Malaysia is ranked 24. Table of contents 1. Is […]
Save
Share
Singapore/Sydney | A fourth wave of infections in Japan just ten weeks before it is due to hold the Olympics has put the spotlight on Asiaâs management of the pandemic.
What worked last year in keeping infections at bay is not working now and while the United States and Europe are opening up, much of Asia is locking down. Economists havenât given up on the Asian-led recovery yet but say vaccination rates need to increase.
More needed: A medical worker attends a training session to learn how to give coronavirus vaccine Seoul. Â
AP
âWithout vaccines, and with new variants coming in, thereâs a greater risk of us going in and out of restrictions. That will hit business and consumer confidence and have a longer term impact as well,â said Oxford Economicsâ lead Asia economist Sian Fenner in Singapore.