SINGAPORE: The COVID-19 outbreak could slow down foreign investments but the country’s fundamentals remain strong and the reasons why global firms will want to invest in Singapore are still “intact”, said Deputy Prime Minister Heng Swee Keat on Monday (Mar 30).
Mr Heng was responding to a question on how the rapid spread of the novel coronavirus around the world could impact foreign investments and the Government’s revenue during an interview on CNBC’s “Squawk Box Asia”.