These plans are notwithstanding an uptick in the Covid-19 cases, which have continued to rise globally due to the spread of the highly transmissible Delta variant.
Singapore’s Ministry of Trade and Industry (MTI) has revised its growth forecast range for the year to 6% to 7%, from its previous 4% to 6% range.
The move follows the pick up in vaccination rates - particularly in key advanced economies such as the US and Eurozone - which has allowed them to press on with their re-opening plans, says MTI.
