Singapore Won’t Tighten Rules If Covid Cases Rise: Straits Times
(Bloomberg) -- Singapore will not need to tighten pandemic measures even if the number of Covid-19 cases starts to rise again, Finance Minister Lawrence Wong told The Straits Times.
The easing of international travel restrictions will allow more workers to come into Singapore, with labor levels in the country's construction sector expected to reach “previous levels” by the middle of the year, the newspaper cited Wong as saying. Increased inflationary pressure should be alleviated by the additional labor, he said in the report.
The city state is on the lookout for a potential resurgence in Covid cases after implementing the biggest easing of restrictions since the pandemic began. Rules for eating out at restaurants, traveling into the country and mask-wearing while outdoors are among the swathe of measures that were loosened starting from late-March.
The newspaper cited Health Minister Ong Ye Kung as saying that rules restricting the movement and entry of unvaccinated Singaporeans would not be reviewed until the country's hospital situation was “completely stable.” Both ministers warned the situation could still worsen enough to affect their predictions, according to the report.
©2022 Bloomberg L.P.
-
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.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.