On July 10, 2020, Singapore held its general election amid the COVID-19 pandemic, and opposition parties gained historic grounds for the first time.
The proposed FTA between MERCOSUR and Singapore will favor bilateral trade and investments and expand MERCOSUR presence in ASEAN.
As of June 17, 2020, Singapore will allow inbound travelers from selected countries to undergo self-quarantine in their place of residence.
Singapore began Phase 2 of reopening its economy from June 19, allowing more businesses to resume activities.
Singapore introduced its first ever Guidelines for E-commerce Transactions (TR 76) to help businesses develop customer-centric e-commerce policies.
Singapore began to ease more of its lockdown measures on June 2, 2020, through the first of three phases of opening up the country.
The Singapore-China fast lane came allows for essential business and official travel between Singapore and six provinces in China.
On May 13, 2020, Singapore introduced the MAS-SFA-AMTD FinTech Solidarity Grant to support Singapore-based fintech firms.
Singapore launched its latest stimulus package valued at US$23 billion to dampen the economic impact of the virus.
Singapore’s SG Patent Fast track Program aims to approve patent applications in as quickly as six months.