Lee Hsien Loong

The vaccines carried via flight SQ7979, a scheduled freighter service from Brussels, Belgium, arrived at just before 8 pm.

Singapore's economy contracted 7% in the 3Q from a year ago. The overall unemployment rate climbed to its highest since 2004.

The agreement was first established in November 2018 and was extended for a year in November 2019.

“Ultimately, our aim is to grow our economy, create good jobs for Singaporeans and raise our standards of living… By being open to talent from around the world, we create more opportunities for ourselves,” says Prime Minister Lee Hsien Loong.

The priority, for now, is to deal with the fallout of Covid-19.

Cross border travel has been restricted since March

Trading activity will be muted in the coming weeks.

PM Lee calls this a "spot of good news" but warns Singapore not to be carried away

An even stronger and better Singapore will emerge from this crisis, said Lee.

"If we all do this, then life can go on more or less normally after the circuit breaker. We don’t want Covid-19 cases to spike up again and be forced to tighten once more,” said PM Lee