Bad news for Japan and Singapore. Economic problems ahead

Japan, Singapore could be the worst-hit Asian economies in the coronavirus pandemic, says Moody's Analytics - 
https://www.cnbc.com/…/japan-singapore-worst-hit-asian-econ…

TKL comment. Singapore would not be badly hit if it had just continued its containment measures, i.e. safe distancing and wear face mask, without calling the circuit breaker for four weeks. It is insane now to extend the circuit breaker for another four weeks.

The impact of the virus is quite mild. Although there was a large increase of over 10,000 new cases over the past three weeks, the death rate remained at 2 per million (compared to 200 to 500 in America and some countries in Europe) and the ICU cases is steady at less than 30 (actually 22 today).

Tan Kin Lian