Singapore may fare worse than Asean peers in the next global crash

Bain & Co report points to S'pore's economy historically being more at risk in a downturn


SOUTH-EAST ASIA is more vulnerable to a downturn than it was during the last global financial crisis, Bain & Co warned in a report out on Friday.

But Singapore's economy, historically, falls more sharply in a slump, partner Thomas Olsen told The Business Times.