SINGAPORE: Singapore could see a 25% to 30% decline in tourist arrivals and spending this year because of the coronavirus outbreak, as the industry braces for a worse impact than the 2003 SARS pandemic, the city’s tourism chief said. The city-state is losing about 18,000 to 20,000 tourists a day, and the figures could plummet […]
Read MoreVISITOR arrivals to Singapore may fall by 25 to 30 per cent this year due to the novel coronavirus outbreak, after four straight years of growth in arrivals and receipts, said the Singapore Tourism Board (STB) at its annual year-in-review on Tuesday. But the sector is aiming for a strong rebound, with a public-private sector […]
Read MoreBUSINESSES clustered in Singapore’s financial district have heightened their monitoring efforts amid the novel coronavirus outbreak, reflecting the realities of Singapore being a large financial centre where banks and other large corporations dot Shenton Way and the Marina Bay. Two circulars seen by The Business Times revealed a confirmed case of an employee of one […]
Read MoreSINGAPORE: Singapore’s coronavirus outbreak has spread to its financial centre, with some employees at major companies being told to work from home for at least the next few days and temperature screening checkpoints set up at the front doors of several towers. A worker at an unnamed firm in Marina Bay Financial Centre Tower 1 […]
Read MoreSOME Singapore-listed housing developers can now apply to be exempted from the Qualifying Certificate (QC) rules imposed on foreign housing developers, provided they have a “substantial connection to Singapore”. This will spare them from having to pay hefty extension charges if they cannot meet stipulated deadlines to complete developing their projects and selling all the […]
Read MoreTHE Monetary Authority of Singapore (MAS) and the US Treasury, in a joint statement on Thursday, supported the case for cross-border data transfer by financial services firms without the need for data localisation, as long as financial regulators have access to data needed for regulatory and supervisory purposes. Data localisation is the practice of keeping data […]
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Thailand
