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Modi’s ‘stay at home’ call may deepen economic slowdown

Bloomberg India’s economy, already in the grip of a slowdown, is in for more pain after Prime Minister Narendra Modi appealed to citizens to stay at and work from home to curb the coronavirus outbreak. The services sector, which accounts for about 55% of India’s gross domestic product, is poised to be the worst hit after Modi, in an address, ...

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Thailand orders partial lockdown of Bangkok

Bloomberg Thailand’s capital imposed a partial shutdown from Sunday after novel coronavirus cases surged past 400 with a rising number of people in critical condition. Malls in Bangkok will be closed, and shops offering food and essential services will be among the few that can remain open, Bangkok Governor Aswin Kwanmuang said in a briefing. The restrictions will last from ...

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Singapore sticks to only social distancing

Bloomberg Even as its neighbours and countries around the world are aggressively shutting down restaurants, theatres and other non-essential businesses to contain the spread of the coronavirus, Singapore is boldly resisting that move. The city-state — seen as a litmus test for containing the spread of the coronavirus — is “doing its utmost” to prevent the spread without having a ...

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