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Singapore tourism’s woes deepen over virus

Bloomberg Singapore is bracing for a harder hit to tourism than initially expected from the coronavirus as the outbreak spreads to more than 100 countries, impacting global travel plans, Minister for Communications and Information S Iswaran said. “Now it’s really the fact that there’s a global spread of this virus and therefore we will have to reevaluate certainly the numbers,” ...

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Indonesia copies financial crisis playbook to quell market rout

Bloomberg Indonesia is reintroducing a raft of market measures deployed during the global financial crisis as authorities warn the impact of the novel coronavirus outbreak on the markets and the economy will be more damaging. The nation’s only stock exchange tightened trading-halt rules on March 10, with the first suspension kicking in with a 5% slump instead of 10% earlier. ...

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IHH offers on-demand Covid-19 test

Bloomberg Asia’s biggest hospital group is offering on-demand tests for new coronavirus in Malaysia, while helping Singapore’s authorities diagnose cases, even as other countries struggle with a shortage of kits. IHH Healthcare Bhd’s Gleneagles and Pantai hospitals around Kuala Lumpur and Melaka are endorsed to perform the tests by Malaysia’s health authority, which has sought to “Uber-ise” the service by ...

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