07/26/2021 | Press release | Distributed by Public on 07/26/2021 22:29
Written reply to PQ on economic impact of COVID-19 case surges in ASEAN
Question
Mr
Desmond Choo: To ask the Minister for Trade and Industry (a) what is the economic impact on Singapore from surges in COVID-19 cases in ASEAN countries; and (b) whether it will have a material impact on Singapore s economic growth this year.
Written Answer by Minister for Trade and Industry Mr Gan Kim Yong
1. Given the recent surge in COVID-19 cases in some of our Southeast Asian neighbours, they have implemented social and mobility restrictions to limit the spread of the virus. The Singapore Government is closely monitoring the impact of these restrictions on our imports of essential supplies. Thus far, the flow of goods and supplies from our neighbouring countries remains stable. Overall merchandise trade between Singapore and our Southeast Asian neighbours also continues to grow. In the second quarter of 2021, total merchan