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SINGAPORE, June 6 — Conscious about the impact he might have on the environment, Mohamad Iyan Danial had set his mind on using reusable containers whenever he needs to...
SINGAPORE - Higher-risk settings such as indoor gyms and indoor fitness or health studios will be closed and mass participation events will be suspended from Saturday (May 8) to May 30 to minimise large Covid-19 cluster formation and reduce the risk of community transmission. No spectators will be allowed at sports events during this period. At a press conference on Tuesday, Education Minister Lawrence Wong, who co-chairs the multi-ministry task force (MTF) tackling the coronavirus pandemic in Singapore, announced stricter measures to stop the spread of Covid-19 in the wider community. He sa...
Singapore Panel Proposes Shift Away From Libor by End-April (1) The Southeast Asian financial center still faces challenges in the transition to a Libor alternative, given the limited historical use of the domestic interbank funding market, said Philip McNicholas, Asean FX and rates strategist at Bloomberg Intelligence. However, as SORA is based on an average of past overnight lending rates, it may bolster the interbank lending market depth and liquidity, producing better and more efficient price discovery. A spokesperson for the Association of Banks in Singapore said that the banks represent...