May.26 — Selena Ling, head of treasury research and strategy, global treasury, at OCBC Bank, talks about Singapore’s economy, which is facing its worst contraction since independence more than a half-century ago as the coronavirus outbreak and measures to contain it pummel the trade-reliant city state. Ling speaks with Haslinda Amin and Yvonne Man on “Bloomberg Markets: Asia.”
In This Story: Singapore
The country’s territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country’s independence as a result of extensive land reclamation projects. It has the second greatest population density in the world. The country has almost 5.7 million residents, 61% (3.4 million) of whom are Singaporean citizens. There are four official languages of Singapore: English, Malay, Chinese, and Tamil; with English being the lingua franca.