FEBRUARY 23 — Covid-19 is doing real damage to our economy. Given the already tough conditions as a result of US-China trade tensions, the last few months in Singapore have seen a slew of bad news.
This year the government will dispense S$109 billion , with a large proportion taking the the form of direct support to Singapore businesses, workers and SMEs. Skills credits have been extended, allowing more people to spend more time on training and acquiring new skills. This is arguably the most generous budget in Singapore's history — more spending and virtually no tax increases. The government is literally putting money in the pockets of citizens but still.
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Global central bankers scour shopping malls, manufacturers for Covid-19 playbook | Malay MailWASHINGTON, Feb 21 — In the days after a new virus was identified in China on December 31, global central bankers fell back on past experience for a comforting early analysis. The SARS epidemic in 2003, they noted, had come and gone with little economic impact. Weeks later, that parallel has...
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Inter Milan game among three postponed over Covid-19 fears in Italy | Malay MailROME, Feb 23 — Italian authorities have ordered the postponement of three Serie A football matches today over Covid-19 fears in northern Italy. The matches between title-chasing Inter Milan and Sampdoria, Atalanta against Sassuolo and Hellas Verona versus Cagliari have been pushed back to avoid...
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Jail cases add to China Covid-19 tally as S. Korea infections double | Malay MailBEIJING, Feb 21 — The new coronavirus has infected about 500 people in China’s prisons, almost half outside the province at the centre of the epidemic, authorities said today, while South Korea reported 100 new cases that doubled its infections. The overall increase in new cases in China was...
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Japan govt faces questions over Covid-19, Tokyo cancels events | Malay MailTOKYO, Feb 21 — Japan faced growing questions about whether it was doing enough to stop the spread of Covid-19 today, as the Tokyo Metropolitan Government said it would cancel or postpone major indoor events it has sponsored for the next three weeks. More than 400 Japanese and foreign passengers...
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More Covid-19 cases in Iran’s Qom; religious gatherings under threat | Malay MailDUBAI, Feb 20 — Iranian health officials urged all religious gatherings to be suspended in Qom, news agency ISNA said today, after two more people tested positive for the coronavirus in the holy city, where two died of it this week. In all, three more people had tested positive for the virus, an...
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Deputy health minister in Singapore Tuesday to discuss Covid-19 | Malay MailGEORGE TOWN, Feb 21 — Deputy Health Minister Dr Lee Boon Chye said he would meet his counterpart in Singapore next Tuesday to discuss matters on the Joint Working Committee established by the two countries recently to address the Covid-19 infections. “We are keeping track of Covid-19...
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