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via deccanherald08/08/2020

Singapore’s Covid-19 cases near 55,000-mark with 132 new infections - Deccan Herald

Singapore has reported 132 new Covid-19 cases, including six imported ones in the last 24 hours, taking the country’s caseload to 54,929, the health ministry said on Saturday. The vast majority of the new infections are work permit holders residing in foreign worker dormitories, the Ministry of Health (MOH) said. It said that there was no community transmission.

via straitstimes08/07/2020

Finding fluidity in time of Covid, Sport News & Top Stories - The Straits Times

In a coffee shop in Kallang a man is extending his arms to mimic the movement of a lizard. This is not a class in animal behaviour, but a lesson in dry-land exercises from a swimming savant. National swimming head coach and performance director Stephan Widmer, his cappuccino going cold, is explaining how coaches work in a Covid time.. Read more at

via straitstimes08/06/2020

Genting Singapore reports its worst quarterly performance since 2010 amid coronavirus disruptions - The Straits Times

SINGAPORE - Genting Singapore suffered its worst-ever quarter since its opening in 2010, as pandemic-induced disruptions to the global travel and tourism industry coupled with a shutdown of nearly three months dragged the Singapore-listed casino operator into the red in the second quarter.. Read more at

via straitstimes07/31/2020

Foster positivity amid Covid-19 challenges, Opinion News & Top Stories - The Straits Times

Like many societies, Singapore has seen its people stepping up to help the needy during the Covid-19 crisis, volunteering, donating and raising funds for vulnerable groups such as migrant workers, lower-income families and people who have lost their jobs. Businesses, too, give back to the community through donations of cash, masks, sanitisers, food and other essential items..

via straitstimes07/27/2020

A*Star co-develops test that can tell within 15 minutes if someone's been exposed to the coronavirus - The Straits Times

SINGAPORE - The Agency for Science, Technology and Research (A*Star) and diagnostic corporation MP Biomedicals Asia Pacific have produced a rapid antibody test kit that can tell if someone has been exposed to the coronavirus within 15 minutes.. Read more at

via asiaone07/25/2020

Covid-19 vaccine may be available in Singapore only at the end of next year: MOH - AsiaOne

SINGAPORE - A Covid-19 vaccine may become available in sufficient doses only towards the end of next year, the Health Ministry director of medical services Kenneth Mak said. He said Singapore is proactively working with vaccine developers, pharmaceutical companies and research institutions on research efforts into a Covid-19 vaccine. Discussions have also begun to ensure Singapore will have access to...


How COVID-19 is changing hiring process in Singapore | Jobstreet’s Ask The Expert Series: The New Normal In Job Seeking Amid Uncertain Times - Yahoo Finance UK

As the COVID-19 pandemic and resultant safe distancing measures have cut off face-to-face interactions traditionally associated with the hiring and recruitment process, job seekers have to adapt to new experiences such as hiring freezes, shorter job contract, and virtual job interviews as they become

via asiaone08/08/2020

New dorm cluster found; GV Jurong Point and Sheng Siong at Woodlands visited by Covid-19 patients while infected - AsiaOne

SINGAPORE - A new coronavirus cluster - a dormitory at 66 Tech Park Crescent in Tuas - was announced on Friday (Aug 7). The cluster includes four previous cases, said the Ministry of Health (MOH). Meanwhile, Golden Village Jurong Point, ABC Brickworks Market and Food Centre at Jalan Bukit Merah, Tang Tea House at Jurong West and Sheng Siong Supermarket...

via reuters08/07/2020

EMERGING MARKETS-Trump attack on Chinese apps adds to virus woes across Asia - Reuters

strategist * Malaysian ringgit up 1.2% for week, top performer * Rupiah slips 0.5% for week, coronavirus cases jump By Rashmi Ashok Aug 7 (Reuters) - Tensions over a planned U.S. ban on major Chinese apps kept most Asian markets subdued on Friday, with Philippine stocks suffering an added blow from a jump in coronavirus infections that made its caseload the highest in Southeast Asia. Citing security concerns, President Donald Trump issued executive orders on Thursday that will ban U.S. transactions with ByteDance, the Chinese owner of the popular video-sharing app TikTok, and Tencent, owner of the WeChat app, in 45 days' time. Worries about whether China would retaliate through trade restrictions dented most currencies in early trade, with the Malaysian ringgit, often seen as a proxy for China's yuan, and trade-sensitive Singapore dollar and South Korean won all down. "It is much tougher for China to react in a manner that could jeopardise investment into the country. However, it seems likely that tensions will ratchet higher ahead of U.S. elections, a factor that could play badly for risk assets," Mitul Kotecha, senior emerging markets strategist at TD Securities, wrote in a note. "While Asian FX including the yuan have been supported by dollar weakness lately, USD/Asia may at the least be in for some short-term consolidation if not an outright increase in pressure as tensions worsen." The rising geopolitical tensions come at a time when a number of the region's developing economies are struggling with fresh coronavirus outbreaks. Philippine equities closed 1% lower after the country recorded a surge in infections late on Thursday, overtaking Indonesia as the worst-hit country in Southeast Asia. The spike in cases also followed dismal data on Thursday which showed gross domestic product plunged 16.5% in the second quarter. For the week, most Asian currencies are set for gains, having benefited from sustained dollar weakness. The ringgit was the top performer with a 1.2% weekly gain so far. Apart from some technical factors, Maybank attributed the ringgit's outperformance to recent stability in the yuan and oil prices, robust foreign inflows into domestic bonds and strong fiscal and monetary responses by the government to deal with the COVID-19 crisis. The Indonesian rupiah was the worst performer with a 0.5% weekly loss, as coronavirus cases spread unabated and a lockdown was placed in and around its capital, sparking worries about further economic fallout from the virus. HIGHLIGHTS ** In the Philippines, top index losers were Bank of the Philippine Islands down 4.5% and SM Investments Corp down 3.13% ** Top losers on the Singapore STI included Genting Singapore Ltd down 4.93% and Thai Beverage PCL down 4% ** Malaysia's 10-year benchmark yield inched up 0.8 basis points to 2.508%​​ while its 3-year benchmark yield climbed 0.6 basis points to 1.894%​​ Asia stock indexes and currencies at 0718 GMT COUNTRY FX RIC FX FX INDEX STOCK STOCK DAILY YTD % S S YTD % DAILY % % Japan +0.01 +2.92 -0.39 -5.61 China India -0.04 -4.78 -0.16 -8.10 Indonesia -0.14 -4.93 -1.00 -18.6 2 Malaysia -0.05 -2.36 -0.13 -0.14 Philippines +0.16 +3.38 -0.96 -25.2 0 S.Korea Singapore -0.14 -1.90 -0.71 -21.1 6 Taiwan +0.44 +2.50 -0.66 6.93 Thailand -0.19 -3.98 -0.45 -15.9 9 (Reporting by Rashmi Ashok in Bengaluru; Editing by Patrick Graham and Subhranshu Sahu)

via straitstimes07/30/2020

Coronavirus: Qualifying landlords will get notice of tenant rental waivers by mid-August - The Straits Times

SINGAPORE - The majority of property owners with tenants that qualify for rent relief under the amended Covid-19 (Temporary Measures) Act should receive notices regarding their Government cash grants by mid-August, the Ministry of Law (MinLaw) said on Thursday (July 30).. Read more at

via splash24707/27/2020

As Singapore, Hong Kong and Malaysia rein in crew change freedoms, calls grow for a crackdown on Filipino manning agencies - - Splash 247

As Singapore, Hong Kong and Malaysia rein in crew change freedoms, calls are growing for authorities to crack down on manning agencies in the Philippines. Singapore on Friday enacted more restrictions on crew changes. Effectively, only Singapore-flagged ships can now change crews in the Southeast Asian republic, and with plenty of further restrictions crew changes …

via deccanherald07/26/2020

Singapore reports 481 new Covid-19 cases; all foreigners - Deccan Herald

Singapore reported 481 new Covid-19 cases, all foreigners, on Sunday as the nationwide tally of the infections touched 50,369, the health ministry said. Of the new cases, 476 are migrant workers living in dormitories, while five community cases reported are also foreigners holding work passes, said the Ministry of Health (MOH). There are also four imported cases, who had been

via devdiscourse07/24/2020

Health News Roundup: WHO scientist sees regulators cooperating to speed COVID-19 vaccine approval; Singapore to finish virus testing at migrant worker dorms within two weeks and more - Devdiscourse

EMA to review results from study testing common steroid drug against COVID-19 The European Medicines Agency (EMA) said on Friday it has started reviewing the results of a study by UK researchers evaluating the use of a widely known steroid called dexamethasone against the coronavirus.

via finance.yahoo07/24/2020

Malaysia Market Value Close to Overtaking Singapore on Glove Gains - Yahoo Finance

(Bloomberg) -- Thanks to the meteoric gain in glove-maker stocks, Malaysia’s equity market capitalization is close to surpassing that of its richer neighbor Singapore.Malaysia’s market value has surged 41% since a March low to hit $379 billion as the coronavirus pandemic supercharged demand for medical gloves and shares of the manufacturers. That puts Malaysia about $4 billion away from surpassing Singapore’s market capitalization for the first time in more than 16 years, according to data compiled by Bloomberg that only include actively traded primary listings.“This is a reflection of the relative fortunes of the two economies and this divergence may continue for a while,” said Nirgunan Tiruchelvam, head of consumer equity research at Tellimer who has been tracking the region’s markets for decades. “Malaysia has integrated manufacturing industries like glove makers,” while Singapore’s economy is based on finance and property, he added.The pandemic has sparked a reshuffle in Asia’s largest stocks with the likes of technology and health-care firms growing bigger than ever. While Singapore’s market lost $113 billion this year as it grapples with a slump in global trade, Malaysia’s capitalization bounced back due to huge gains in glove shares.In fact, Top Glove Corp. on Thursday unseated Public Bank Bhd. to become the second most valuable stock on Malaysia’s equity benchmark, after the former’s stock surged more than 450%. Another glove producer Supermax Corp. has leaped more than 1,100% this year.The scorching rally in the sector has also fueled fevered trading in Malaysia’s equity market, with the number of shares changing hands reaching a record high this week.Malaysia Bourse Beats Peers as Glove Mania Boosts VolumeMalaysia, whose gross domestic product was $365 billion by end-2019, has been supported by the booming global demand for gloves and its bigger pool of domestic consumers. Meanwhile Singapore’s $372 billion economy is heavily linked to trade and tourism, and it holds the grim distinction of having the one of the highest number of virus cases in Southeast Asia.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

via tnp.sg08/06/2020

Covid-19 drug from Singapore-based firm to enter final trials soon - The New Paper

Singapore News - Trials for a potential treatment for Covid-19 are being accelerated, with the third and final phase for the drug due to start in a few weeks' time. Developed by Singapore-based biotechnology company Tychan, the monoclonal antibody - or immune system protein - known as TY027... Read more at


Singapore’s quick response to coronavirus saved thousands of lives. There’s no excuse for the UK’s failure - The Independent

I was incredibly irritated when the prime minister finally announced that masks would be compulsory in shops here in England. Not because I don’t think we should all be wearing them, but because it was long overdue. I was frustrated by the angry “no mask” brigade. They seemed to have no regard at all for helping to protect their fellow citizens from a potentially lethal

via straitstimes07/30/2020

MAS extends US$60 billion swap facility with US Fed amid Covid-19 pandemic - The Straits Times

SINGAPORE - The Monetary Authority of Singapore (MAS) announced on Thursday (July 30) the extension of a US$60 billion (S$82.45 billion) swap facility with the US Federal Reserve to facilitate its US dollar lending to businesses in Singapore and the region amid the ongoing coronavirus pandemic.. Read more at

via straitstimes07/27/2020

Global coronavirus tally crosses 16m, with 1m cases in 4 days - The Straits Times

PARIS • The number of coronavirus cases worldwide crossed 16 million yesterday, surging by one million new cases in just four days. More than half of the cases are in the Americas and the Caribbean, according to an Agence France-Presse tally from official sources.. Read more at

via scitechdaily07/25/2020

Scientists Uncover Evidence That a Level of Pre-Existing COVID-19 / SARS-CoV-2 Immunity Is Present in the General Population - SciTechDaily

Singapore scientists uncover SARS-CoV-2-specific T cell immunity in recovered COVID-19 and SARS patients, and in uninfected individuals. Singapore study shows that SARS-CoV-2-specific T cells are present in all recovered COVID-19 patients. These T cells were also found in all subjects who re

via straitstimes07/24/2020

Asian Insider, July 24: China-US relations sour, Hong Kong faces fresh coronavirus wave, Malaysia stock market value close to overtaking Singapore - The Straits Times

Hi all, In today’s bulletin: China orders the closure of the US consulate in Chengdu, the growing trade walls of South-east Asia, a glimmer of hope for Delhi’s coronavirus fight, Hong Kong faces a fresh virus wave, Malaysian stock market value close to overtaking Singapore, Myanmar prepares to launch a satellite and more... Reading this on the web or know someone who might