SINGAPORE (The Straits Times/Asia News Network): Singapore is monitoring the situation in Ukraine and its global impact closely, and if things worsen, the Government will not hesitate to take further action to help businesses, workers and households, Finance Minister Lawrence Wong (pic) said in Parliament on Wednesday (March 2).
In his speech to round up the Budget debate, Mr Wong said: "Singapore's direct trade linkages with Russia and Ukraine are relatively small, but the conflict will impact the global economy and global energy markets, which will in turn affect us."