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Thai developer cuts prices to stress sales

Bloomberg Thai property developer Sansiri Pcl is placing sales ahead of profitability as it looks to generate cashflow to survive the coronavirus pandemic. The Bangkok-based group, which builds high-end condominiums in cities around the Southeast Asian nation, is offering aggressive discounts and other promotional campaigns in an attempt to lure buyers. It expects to revise its annual sales target after ...

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Singapore unveils new plan on healthcare facilities amid virus

Bloomberg Singapore’s government outlined a plan to expand healthcare facilities for foreign workers as coronavirus cases in the city-state jumped, reversing a downward trend. The Ministry of Health confirmed an additional 932 cases, the vast majority of whom are work permit holders residing in foreign worker dormitories. Five are Singaporeans or permanent residents. That brings total confirmed cases to almost ...

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India runs special trains to help people reach home

Bloomberg India has started running special trains to help people separated from their families by a nationwide lockdown to reach back home. The government started running the trains from May 1 to move migrant workers, pilgrims, tourists, students and other people stranded across the country due to the lockdown, the Ministry of Home Affairs said. The lockdown, which was scheduled ...

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