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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 said: There are some settings which are of higher risk. typically where there is a high density of people who are unmasked and in close proximity with one another, often for prolonged periods. ....
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 represented in the steering committee subgroups on business/syndicated loans and consumer products are on track to meet the timelines. ....
Free groceries for needy Boon Lay residents at community shop tnp.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tnp.sg Daily Mail and Mail on Sunday newspapers.