Month: March 2020
Written by Gabriel HerveyMarch 26, 2020
Government has responsibility to parents to ‘maintain high standards’ across pre-schools: Desmond Lee
News Business Article
SINGAPORE:The Government owes parents a responsibility to “maintain high standards” across all pre-schools so that they can have “peace of mind” when they go to work, said Social and Family Development Minister Desmond Lee on Thursday (Mar 26). “Pre-schools are an essential service in Singapore. Parents entrust their children to our pre-school sector so they
Written by Gabriel HerveyMarch 26, 2020
World leaders to hold crisis talks as COVID-19 toll tops 21,000
News Business Article
MADRID: World leaders are to hold online crisis talks Thursday (Mar 26) on the coronavirus pandemic that has forced three billion people into lockdown and claimed more than 21,000 lives. With the disease tearing around the globe at a terrifying pace, warnings are multiplying over its economic consequences, with experts saying it could cause more damage
Written by Gabriel HerveyMarch 26, 2020
Singapore’s factory activity plunges 22.3% in February from previous month amid COVID-19 outbreak
News Business Article
SINGAPORE: Factory activity in Singapore plunged more than 20 per cent in February from the previous month amid a deepening global coronavirus outbreak, adding to a grim economic outlook for the trade-reliant hub. On a seasonally adjusted month-on-month basis, manufacturing output fell 22.3 per cent in February, according to data released by the Economic Development
Written by Gabriel HerveyMarch 26, 2020
COVID-19: Vehicle Entry Permit for Malaysia-registered vehicles extended until Jun 30
News Business Article
SINGAPORE: The validity period for a Vehicle Entry Permit (VEP) for Malaysia-registered vehicles will be extended until Jun 30 to help Malaysians who have opted to stay in Singapore during period of Malaysia’s movement control order, the Land Transport Authority (LTA) said on Thursday (Mar 26). “Many Malaysian workers have chosen to remain in Singapore as
Written by Gabriel HerveyMarch 26, 2020
Fake cures, risky rumours: COVID-19 misinformation hits home
News Business Article
HONG KONG: From being duped into taking poisonous “cures”, to watching businesses crumble and avoiding life-saving medication, people are suffering devastating real-world impacts of a deluge of online virus misinformation. As the new coronavirus that has killed more than 20,000 people causes markets to crash and sets scientists scrambling for a solution, rumours and false
Written by Gabriel HerveyMarch 26, 2020
13 deaths in a day: An ‘apocalyptic’ coronavirus surge at a New York hospital
News Business Article
NEW YORK: In several hours on Tuesday, Dr Ashley Bray performed chest compressions at Elmhurst Hospital Center on a woman in her 80s, a man in his 60s and a 38-year-old who reminded the doctor of her fiance. All had tested positive for the coronavirus and had gone into cardiac arrest. All eventually died. Advertisement Advertisement
Written by Gabriel HerveyMarch 26, 2020
COVID-19: Travellers to Singapore will receive notice of stay-home requirement before arrival
News Business Article
SINGAPORE: Travellers arriving in Singapore from 9am on Friday (Mar 27) will be notified of their stay-home requirement via email before they arrive in the country, the Immigration and Checkpoints Authority (ICA) said in a news release on Wednesday. The move will enable travellers to be notified of the requirements in advance, instead of only
Written by Gabriel HerveyMarch 26, 2020
Indonesian man fined after not reporting carrying more than S$3 million in and out of Singapore
News Business Article
SINGAPORE: An Indonesian man was fined after failing to declare a total of more than S$3,160,000 as he travelled in and out of Singapore, the police said in a news release on Thursday (Mar 26). Hengky, 39, was convicted and fined S$30,000 on Wednesday for failing to report cross border movement of cash between Mar 13, 2018
Written by Gabriel HerveyMarch 26, 2020
UK deaths from COVID-19 outbreak climbs to 463
News Business Article
REUTERS: The number of coronavirus deaths in the United Kingdom rose to 463 as of Wednesday (Mar 25) from 422 on Tuesday, the British government said. The total number of coronavirus cases in the UK were at 9,529 as of Wednesday, compared to 8,077 cases as of Tuesday, the statement added. Advertisement Advertisement The government
Written by Gabriel HerveyMarch 26, 2020
China reports second consecutive day of no new local coronavirus transmissions, imported cases rise
News Business Article
BEIJING: Mainland China reported a second consecutive day of no new local coronavirus infections as the epicentre of the epidemic Hubei province opened its borders, but imported cases rose as Beijing ramped up controls to prevent a resurgence of infections. A total of 67 new cases were reported as of end-Wednesday, up from 47 a
Written by Gabriel HerveyMarch 26, 2020
South Korea reports 104 new coronavirus cases, total at 9,241
News Business Article
SEOUL: South Korea reported 104 new coronavirus cases on Thursday (Mar 26), bringing its total infections to 9,241, the Korea Centers for Disease Control and Prevention said. The death toll from the pandemic in South Korea rose by five to reach a total of 131. Advertisement Advertisement South Korea added it would tighten border checks for
Written by Gabriel HerveyMarch 26, 2020
Turkey charges 20 Saudis over Khashoggi murder
News Business Article
ISTANBUL: Turkish prosecutors have charged 20 suspects including two former top aides to Saudi Crown Prince Mohammed bin Salman over the 2018 murder of Riyadh critic Jamal Khashoggi. Prosecutors accuse Saudi Arabia’s deputy intelligence chief Ahmed al-Assiri and the royal court’s media czar Saud al-Qahtani of leading the operation against Khashoggi and giving orders to
Written by Gabriel HerveyMarch 26, 2020
COVID-19 death toll passes 20,000, three billion under lockdown
News Business Article
MADRID: More than 3 billion people around the world were living under lockdown on Wednesday (Mar 25) as governments stepped up their efforts against the coronavirus pandemic which has left more than 20,000 people dead. As the number of confirmed cases worldwide soared past 450,000, UN Secretary General Antonio Guterres warned that only a concerted global
Commentary: The problem with reusing the 2009 global financial crisis playbook to deal with COVID-19
NEW HAVEN, Connecticut: In an effort to get a handle on the economic and financial consequences of the COVID-19 pandemic, the first instinct is to search for precedents and remedies in earlier crises. Many have pointed to the 2008 global financial crisis (GFC) as the most relevant example, especially in the aftermath of the extraordinary