Markets slump as Singapore brings in strictest Covid-19 curbs since lockdown

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The new measures announced by the health ministry include limiting social gatherings to two people and ceasing dining in at restaurants.

The new measures announced by the health ministry, which will be force from Sunday to mid June, include limiting social gatherings to two people and ceasing dining in at restaurants.

The new moves, which dashed hopes Singapore was heading towards a re-opening, sent the Straits Times Index and Singapore Airlines' stock price to the lowest in more than two months. Albeit with a reduced capacity, shopping malls and cinemas will be allowed to keep operating, and events and weddings to take place under the new arrangements.

The Asian trade and financial hub had been reporting almost zero or single-digit daily local infections for months, before a recent rise in cases.

 

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Makcik Kiah Analysis: Our neighbor govt announced support aid straight away to the affected food operators in same press conference they announced ceasing dining in. What helps did our govt does for F&B ? The answer is..... Yi.....lek (Tamil)

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