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Rise in COVID cases drives Singapore back to stricter measures

Singapore, the Asian city-state that has been among the world’s best at containing the Covid-19 pandemic, is back on the defensive, reimposing local restrictions and tightening its borders amid a pop in cases.
With infections in the community sometimes reaching double digits among a population of 5.7 million, the government last week started limiting social gatherings, curbed entry for most foreign workers and ordered mass testing across industries and areas where new cases have arisen.
The setback risks slowing Singapore’s economic recovery and complicates plans to host high-profile global gatherings, including the Davos-based World Economic Forum in August and the Shangri-La Dialogue next month, which it had hoped would showcase its control of the virus. It also has stalled a rally in the one of Asia’s best-performing stock markets, with Singapore’s benchmark index slipping 1% so far this month. ....

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Singapore shares fall for fourth day amid stricter Covid -19 measures

SINGAPORE (THE BUSINESS TIMES) - The bearish mood in the Singapore markets continued on Wednesday (May 5) as investors reacted to tighter Covid-19 measures announced by the Government amid a rise in community cases.
The benchmark Straits Times Index (STI) fell 0.8 per cent or 25.54 points on Wednesday to close at 3,153.59, extending a losing streak for the fourth session, with all but three of the index counters ending in the red.
CGS-CIMB analyst Lim Siew Khee said reduced activities would impact transport stocks, such as ComfortDelGro and SBS Transit, and retail real estate investment trusts (Reit). There could also be profit-taking in banks and travel-related stocks such as Singapore Airlines (SIA) given their year-to-date outperformance. ....

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Here are the Winners and Losers From Singapore's Targeted Budget

Here are the Winners and Losers From Singapore’s Targeted Budget
Bloomberg
2/17/2021
© Photographer: ROSLAN RAHMAN/AFP
People at Changi International Airport in Singapore.
(Bloomberg) Singapore’s budget targeting just a few sectors of the country’s pandemic-hit economy for support will do little to significantly boost the country’s lagging stock market although some sectors like aviation and green energy are set to benefit, say analysts.
The benchmark Straits Times Index, among Asia’s worst performing gauges last year, dropped as much as 0.9% on Wednesday after closing near the day’s low in the previous session. Analysts see aviation stocks as key winners, and property stocks, a key component of the benchmark, as losers. ....

Singapore General , Marina Bay , Heng Swee Keat , Terence Chua , Shekhar Jaiswal , People At Changi International Airport , Comfortdelgro Corp , Jumbo Group Ltd , Sembcorp Industries Ltd , Capitaland Integrated Commercial , Singapore Airlines Ltd , Keppel Infrastructure , Neave Ltd , Keppel Corp , Phillip Securities Research Pte , Mapletree Commercial , Frasers Centrepoint , Straits Times Real Estate Investment Trust Index , Sheng Siong Group Ltd , Changi International Airport , Straits Times Index , Minister Heng Swee Keat , Southeast Asian , Marina Bay Sands , Singapore Strait , Bloomberg The Marina Bay Sands ,

Here are the Winners and Losers From Singapore's Smaller Budget

Here are the Winners and Losers From Singapore’s Targeted Budget
Bloomberg
2/17/2021
© Photographer: ROSLAN RAHMAN/AFP
People at Changi International Airport in Singapore.
(Bloomberg) Singapore’s budget targeting just a few sectors of the country’s pandemic-hit economy for support will do little to significantly boost the country’s lagging stock market although some sectors like aviation and green energy are set to benefit, say analysts.
The benchmark Straits Times Index, among Asia’s worst performing gauges last year, dropped as much as 0.9% on Wednesday after closing near the day’s low in the previous session. Analysts see aviation stocks as key winners, and property stocks, a key component of the benchmark, as losers. ....

Singapore General , Marina Bay , Heng Swee Keat , Terence Chua , Shekhar Jaiswal , People At Changi International Airport , Comfortdelgro Corp , Jumbo Group Ltd , Sembcorp Industries Ltd , Capitaland Integrated Commercial , Singapore Airlines Ltd , Keppel Infrastructure , Neave Ltd , Keppel Corp , Phillip Securities Research Pte , Mapletree Commercial , Frasers Centrepoint , Straits Times Real Estate Investment Trust Index , Sheng Siong Group Ltd , Changi International Airport , Straits Times Index , Minister Heng Swee Keat , Southeast Asian , Marina Bay Sands , Singapore Strait , Bloomberg The Marina Bay Sands ,

Investor optimism lifts Singapore shares, STI up 1.3%

Investor optimism lifts Singapore shares, STI up 1.3%
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Soult Ukpyolsi , South Korea , Hong Kong , South Korean , Shekhar Jaiswal , Capitaland Integrated Commercial , Prevention Agency On , Straits Times Index , Prime Minister Lee Hsien Loong , Capitaland Integrated Commercial Trust , Korea Disease Control , Prevention Agency , Hang Seng , தெற்கு கொரியா , ஹாங் காங் , தெற்கு கொரியன் , சேகர் ஜெய்ஸ்வால் , சாப்பிடலன்ட் ஒருங்கிணைந்த வணிகரீதியானது , நீரிணை முறை குறியீட்டு , ப்ரைம் அமைச்சர் லீ ஶையந் லூங் , சாப்பிடலன்ட் ஒருங்கிணைந்த வணிகரீதியானது நம்பிக்கை , கொரியா நோய் கட்டுப்பாடு , செயலிழக்க செங் ,