2 weeks' lockdown will choke off its key labour channel. FMTNews Singapore
SINGAPORE: Malaysia’s lockdown is the latest threat to a Singapore economy already reeling from the coronavirus outbreak.
“Banning daily commuters will essentially cut off almost a 10th of Singapore’s labour force, hurting both the manufacturing and services industries,” said Chua Hak Bin, a senior economist at Maybank in Singapore. “The government is looking into providing financial support for companies that need to urgently accommodate their affected workers,” the Ministry of Manpower said in a statement.
Singapore officials moved Monday to reassure citizens the city won’t run out of food and supplies as consumers rushed out to stack up on groceries. While Singapore’s officials were credited with a swift, clear, and effective response in the early stages of the outbreak, the global spread of the virus has brought a new wave of challenges to the small and open city state.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore ‘not in danger’ of food shortage after Malaysia shuts border, says minister | Malay MailSINGAPORE, March 17 — A Singapore minister said yesterday the city state would not run out of food, seeking to allay concerns after neighbouring Malaysia announced it was closing its borders to prevent a further spread of the coronavirus. Tiny Singapore imports the bulk of its food supply and...
Read more »
Minister says Singapore will not be short of food after Malaysia shuts borderSINGAPORE: A Singapore minister said on Monday the city state would not run out of food, seeking to allay concerns after neighbouring Malaysia announc...
Read more »
Singaporeans rush to supermarkets after Malaysia shuts borders, but no widespread excessive buying | Malay MailSINGAPORE, March 17 — Soon after the Malaysian government announced a nationwide lockdown, Singaporeans were seen rushing to the supermarkets late last night, reminiscent of scenes on Feb 7 after Singapore raised the Disease Outbreak Response System Condition alert level to Orange. But unlike the...
Read more »
Singapore travel restrictions: Special exemption for MsiaSINGAPORE: New border restrictions on travellers to Singapore do not include the republic’s sea and land crossings with Malaysia, meaning that Malaysians and Singaporeans can commute from both sides as usual.
Read more »
Malaysia gets special consideration in Singapore’s new travel restrictionsSINGAPORE: The new border restrictions on travellers including those from Asean do not include Singapore’s sea and land crossings with Malaysia, meani...
Read more »
Covid-19: Travellers from Malaysia via sea, land exempted from new Singapore border restrictionsSINGAPORE (ANN): Those travelling into Singapore from Malaysia via sea or land will be exempted from the new border restrictions on Asean countries, due to the close proximity and high inter-dependency between the two neighbours.
Read more »