Novel Coronavirus


Covid-19 cases must ease before economy restarts, PM Lee says

Singapore can only relax its partial lockdown measures and progressively restart its economy after the city-state brings down the number of new coronavirus cases, according to Prime Minister Lee Hsien Loong.
Israel moves to find cure for coronavirus - THE EDGE SINGAPORE


Israel moves to find cure for coronavirus

"How do we stop [Covid-19] in its tracks?" asks Jon Medved, founder and CEO of OurCrowd.


Mistrust grows as numbers fall after China again changes the way new cases are counted

Are officials prematurely promoting a narrative that the outbreak is coming under control?


Valuetronics expects lower revenue for 2H20 as coronavirus outbreak impacts China operations

While its factories in Huizhou have re-opened, some workers have been unable to return to work as planned.

Budget 2020

Singapore plans biggest budget deficit in more than two decades

Election budget, coronavirus budget -- or both?


Singapore Airlines slashes flights as coronavirus sparks 'significant' challenges

SIA and SilkAir are cutting flights to cities including New York, London, Frankfurt, Tokyo and Sydney.


Contagion fears grow as cruise passengers return home

(Feb 17): More than 3,000 travellers on two coronavirus-stricken Carnival Corp cruise ships are returning home, fanning out to more than 40 countries and fuelling fears of further contagion from the deadly virus.


ComfortDelGro posts 12.6% drop in FY19 earnings to $265.1 mil as taxi business continues to slide

“I think things will get worse before they get better," says Yang Ban Seng, ComfortDelGro's managing director and group CEO.


Coronavirus woes hits Asia-based hedge funds as investors stay away

(Feb 14): Asia-based hedge funds are bracing for a lean quarter of capital raising as the spread of the coronavirus leads to the postponement and cancellation of key events that have historically drawn Western investors to the region.

Corporate moves

Zhongmin Baihui sees growth in outlet malls; coronavirus outbreak impact yet to be felt

SINGAPORE (Feb 14): Online shopping is booming in Asia, but brick and mortar retail isn’t going away anytime soon. Outlet malls, for one, are gaining popularity in China as shopping and buying is an activity that comes in more variety and format. For co