As of Thursday noon, Singapore had 58 confirmed cases of COVID-19, according to the country's Ministry of Health.
Singapore has not recorded any deaths, but that too is something people must be "psychologically prepared" for as the number of cases continues to rise, said Janil Puthucheary, senior minister of state at Singapore's Ministry of Transport and Ministry of Communications and Information.
"I think it's really too early to talk about a peak. Cases are coming in on a daily basis and you have to have the expectation there are going to be more cases over the next few weeks," he told CNBC's"The issue is really whether these are going to be cases that are linked to the existing spread, existing cluster, links to China or whether we have an increasing number of cases that are unlinked community spread ...
Singapore, as an open economy, is one of the most vulnerable countries to reduced economic activity in China. The world's second-largest economy is Singapore's biggest export market and largest source of international tourists. The Singapore government has announced measures to help sectors that are most affected by the virus outbreak, such as tourism and transport. Those measures so far have included:Covering part of the cleaning costs for hotels where people who are suspected and confirmed cases stayed
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