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S’pore sees shortage of virus testing kits

Bloomberg Singapore, which is looking to increase virus testing fivefold among its population, faces a global shortage of some test kits and materials, according to its health minister. The city-state has to be “mindful” there’s a worldwide shortage, and therefore “we have to ensure that we have a continued supply and stock of these materials to allow us to continue ...

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Thailand reports just one new virus case

Bloomberg Thailand reported one additional novel coronavirus case and no new deaths, in a further indication that its outbreak is ebbing. The country has conducted more than 200,000 tests for the pathogen, Taweesilp Witsanuyotin, a spokesman for the Covid-19 centre, said. The overall number of detected infections stands at 2,988. Fatalities have remained at 54 for about a week. Thailand ...

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Ninja Van’s $279m funding signals startup deal resilience

Bloomberg Singapore’s Ninja Van has raised $279 million from backers including France’s GeoPost SA and ride-hailing giant Grab Holdings Inc, scoring one of Southeast Asia’s largest startup investments since Covid-19 was declared a pandemic. Facebook co-founder Eduardo Saverin’s B Capital Group and Monk’s Hill Ventures were among those that took part in the parcel delivery firm’s Series D round, completed ...

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