Singapore sees economic fallout from China virus epidemic

Singapore's government said Monday that the threat from the coronavirus epidemic in China will undoubtedly impact the city-state's economy, while it assured the public that it has stepped up prevention measures."We certainly expect there to be an impact on the economy, business and consumer confidence this year, especially as the situation is expected to persist for some time," Trade and Industry Minister Chan Chun Sing told a press conference.Of immediate concern are tourism-related sectors, he said, adding that government will try to help local businesses and workers hit by the economic i…READ FULL ARTICLE