DBS economist Irvin Seah has revised his full year growth forecast for Singapore in 2020 to -6.0%, up from -6.5% previously, in anticipation of an economy on the mend and recovery in some regional markets.

See: Rebound in Singapore's economy likely to take longer than previous recessions: MAS

“The Covid-19 situation has stabilised and prompted the government to implement phased opening of the economy,” he writes in a report dated Oct 28.

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