Singapore’s PM Says Omicron Could Lead to Return of Some Curbs
(Bloomberg) -- Singapore is watching the impact of the new omicron variant “very closely” and may be forced to roll back some easing measures it had taken to open up the economy, according to Prime Minister Lee Hsien Loong.
“We are not sure yet, but we may well be forced to take a few steps back before we can take more steps forward,” Lee said in a speech on Sunday at a convention by his ruling party. “But despite all this, I'm confident we will find a way to living with the virus and safely resume all the things we love to do.”
Singapore has been easing border restrictions as part of a wider plan to take an endemic approach to the virus, similar to that of many other countries. But with the emergence of the new variant, several governments are taking fresh cautionary measures.
Israel and the U.K. have already imposed new travel restrictions to curb the spread of omicron, and Europe has discovered cases of the new variant across the continent. Singapore will require travelers via land from Malaysia to take an antigen rapid test upon arrival when the vaccinated travel lane comes into effect on Nov. 29, the government said in a statement Sunday.
©2021 Bloomberg L.P.
-
Talking Points This Week: Leadership Shock At Nvidia, Earnings Strength, And The Fog Over Hormuz
The Anthropic IPO pricing and first trading day, Nvidia's upcoming earnings, and any fresh signals from Iran will set the tone for the following week.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.