Singapore tightens restrictions again as COVID spikes

Published

3 years ago

July 20, 2021

Singapore is set to tighten COVID019 restrictions, again

The nation will tighten restrictions on dining-in and social gatherings again and halt indoor exercise from this Thursday.

The tougher stance on restrictions comes amid a record daily number of Covid-19 infections fueled by highly transmissible strains of the virus that are spreading across Southeast Asia.

Dining-in will be suspended and group gatherings will be cut from five people to just two through to August 18.

FILE PHOTO: Workers wipe down doors at a train station during the coronavirus disease (COVID-19) outbreak in Singapore August 17, 2020. REUTERS/Edgar Su

Health authorities stated that these measures were to be reviewed after two weeks.

Singapore will also unveil a virus support package in the coming days, which Finance Minister Lawrence Wong says would “take reference” from earlier aid. A prior package cost S$1.2 billion.

Supermarkets and wet markets will be allowed to remain open, despite authorities saying there was “considerable exposure” of coronavirus within these venues.

More than 85% of Singaporeans aged 60 to 69 have been vaccinated, Health Minister Ong Ye Kung confirmed, along with 71-72% of seniors above age 70.

Why the meme-stock frenzy is unlikely to repeat

Published

6 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

7 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending