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Philippines tycoon urges restart as 1 million jobs cut

Bloomberg The Philippines should gradually reopen the economy and allow businesses to operate at 50% capacity to save jobs, according to Teresita Sy-Coson who helps run an empire ranging from banking to retail under SM Investments Corp. More than 1 million workers were affected by temporary closures, prompting 98% of almost 42,000 establishments to seek assistance for their employees, the ...

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Tokyo reports 166 new cases of Covid-19

Bloomberg Tokyo reported an additional 166 coronavirus cases on Sunday, bringing the total in the city to 2,068. Governor Yuriko Koike released the daily increase in an online briefing. New infections eased from a single-day record gain of 197 marked the previous day. Japan’s Economy Minister Yasutoshi Nishimura urged residents to further limit contact with other people and warned it ...

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Singapore gets stricter on law enforcement for virus spread

Bloomberg Singapore will start imposing fines on first-timers who flout social-distancing rules, while those who aren’t wearing masks may be barred from entering some premises which provide essential services, as the spread of coronavirus in the city-state showed few signs of abating. The government has closed beaches, and some areas of parks and nature reserves, saying “tougher measures” are necessary ...

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