Singapore’s tourism sector gets support to cope with coronavirus
Singapore is carrying out a wide range of measures to support businesses and labourers directly affected by the acute respiratory disease caused by a new coronavirus (nCoV), particularly those in the tourism sector.
A cleaner at Oasia Hotel Downtown sanitising the doors of the hotel's club lounge on Feb 2, 2020. (Photo: straitstimes.com)
Singapore (VNA) – Singapore is carrying out a wide range ofmeasures to support businesses and labourers directly affected by the acuterespiratory disease caused by a new coronavirus (nCoV), particularly those in thetourism sector.
Minister of Trade and Industry Chan Chun Sing said on February 2 that theimpact of the Wuhan virus could be wider, deeper and longer than that of thesevere acute respiratory syndrome (SARS) epidemic in 2003.
Although it is a little bit early to estimate economic losses, measures will beput in place to help tourism companies alleviate damage, he said.
Accordingly, Singapore will waive licence fees of between 300 and 500 SGD (219and 365 USD) for hotel operators for the rest of the year.
Those hotels where suspected and confirmed cases of thevirus had been found have also had to do enhanced environmental cleaning anddisinfection, and the Singapore Tourism Board will bear up to half the cost ofsuch cleaning fees.
This is capped at 20,000 SGD per establishment withconfirmed cases, and up to 10,000 SGD per establishment with suspected cases.
Full details of an overall package of relief measures will be announced at thenational Budget 2020 on February 18.
The tourism sector has already been directly affected by nCoV due to a declinein visitor arrivals, especially from China. Chinese tourists account for around20 percent of Singapore’s total international visitor arrivals, with about 3.6million visitors to Singapore in 2019./.
The baht of Thailand on January 30 depreciated to its lowest level in seven months at 31.17 per US dollar as investors are worried about the impact of the new coronavirus outbreak, according to Kasikorn Research Centre.
Singapore announced on January 31 that it would stop issuing visas to people holding Chinese passports and deny entry to foreigners who had visited China in the past 14 days, in a bid to counter the spread of novel coronavirus.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
The 2025 ASEAN- the Republic of Korea (RoK) Connectivity Forum that opened in Jakarta on June 17 reaffirmed a shared commitment to shaping a connected, resilient future by advancing the ASEAN Connectivity Strategic Plan.
The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.