NEW DELHI: India's retail inflation accelerated in May, at its fastest pace in six months as fuel and food prices rose at a higher pace, putting pressure on the central bank to tame prices amid a faltering economic recovery. The Reserve Bank of India earlier this month warned that high energy prices could stoke inflation while cutting the growth forecast to 9.5per cent from 10.5per cent for the current fiscal year beginning April. Annual retail inflation rose 6.30per cent year-on-year, up from 4.29per cent in April. Analysts had forecast retail inflation at 5.30per cent, according to a Reuters poll. Economists fear a rise in prices after the second wave of coronavirus hit the economy while killing tens of thousands of people since April. "We expect the CPI (consumer price inflation) prints to remain above 5per cent until September driving the annual average CPI to 5.2per cent for current fiscal year," said Garima Kapoor, economist institutional securities, Elara Capital, ... » Learn More about India’s May retail inflation picks up to 6.30per cent y/y, highest in six months
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FILE PHOTO: Vials labelled “COVID-19 Coronavirus Vaccine” and syringe are seen in front of displayed Novavax logo in this illustration taken, February 9, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Novavax Inc on Monday reported late-stage data from its U.S.-based clinical trial showing its vaccine is more than 90% effective against COVID-19 across a variety of variants of the virus. The study of nearly 30,000 volunteers in the United States and Mexico puts Novavax on track to file for emergency authorization in the United States and elsewhere in the third quarter of 2021, the company said. Novavax’s protein-based COVID-19 vaccine candidate was more than 93% effective against the predominant variants of COVID-19 that have been of concern among scientists and public health officials, Novavax said. Protein-based vaccines are a conventional approach that use purified pieces of the virus to spur an immune response and vaccines again whooping cough and shingles employ this ... » Learn More about Novavax COVID-19 vaccine more than 90% effective in US trial
There are many names for what Singapore is going through at the moment. Circuit Breaker in all but name. Phase 2: The Empire Strikes Back. Déjà vu. A lockdown with Singaporean characteristics. Take your pick, but officially, it's known as Phase 2: Heightened Alert (P2HA), which resulted in at least one glorious meme, for those of us who spent endless hours playing "Command & Conquer: Red Alert" back in the day. Here's a handy comparison chart for what you can and cannot do during P2HA: Notice something? PH2A is much more "easy-going" as compared to the Circuit Breaker. Retail shops are open, you can buy 4D and Toto, and perhaps most important of all, bubble tea shops are open for takeaway orders (although some have closed ). Back on May 4, when now-Finance Minister and Covid-19 multi-ministry task force co-chair Lawrence Wong announced the latest measures, he said that the government is not ruling out the possibility of another Circuit Breaker. More ... » Learn More about Comment: Should S’pore do another Circuit Breaker? Maybe not.
SINGAPORE: Twenty-one COVID-19 community cases were reported in Singapore as of noon on Monday (May 17), the Ministry of Health (MOH) said. Ten cases were linked to previous infections, while 11 had no links to other cases. Six of the 21 cases had been placed on quarantine earlier, said the ministry. There were also seven imported cases, who had already been placed on stay-home notice upon their arrival in Singapore. Including the imported cases, Singapore reported a total of 28 infections. No new infections were reported in foreign workers' dormitories. NEW CLUSTER LINKED TO MARINA BAY SANDS CASINO DEALER A new cluster linked to Case 63317, a 36-year-old male Malaysian man who works as a dealer at Marina Bay Sands Casino, has been identified. One of the new community cases, Case 63350, is a 34-year-old Malaysian who is currently unemployed and was detected through surveillance. He is a household contact of Case 63317. He developed a fever and a cough on May 12, and ... » Learn More about 21 new community COVID-19 cases in Singapore; new cluster linked to Marina Bay Sands Casino dealer
SINGAPORE: About 20 COVID-19 cases at Changi Airport were "quite congregated" around one zone - an area that receives travellers from higher-risk regions, including South Asia, said Transport Minister Ong Ye Kung on Friday (May 14). Speaking at a multi-ministry task force press conference, Mr Ong said the airport has plotted the first 20-odd infections, and they were mostly from one zone. “This is the zone with a finger pier that receives higher-risk country arrivals, including (from) South Asia, and then the conveyor belt and immigration. So it’s that whole zone, and infections were all around that area,” said the minister. “That zone is our equivalent of Ward 9D, like Tan Tock Seng Hospital (TTSH). “And from that zone, workers go have their lunch, go have their meals at the Terminal 3 Basement 2 commercial areas and the food court, and we suspect from there, it transmitted to members of the public that visited the place.” Many of the COVID-19 cases in the TTSH cluster are ... » Learn More about First 20 Changi Airport COVID-19 cases from zone that receives arrivals from higher-risk countries: Ong Ye Kung
SINGAPORE: Changi Airport workers will be segregated based on their COVID-19 exposure risk and only those who have been vaccinated will work in high-risk zones, the airport said on Monday (May 24). The airport is an active COVID-19 cluster with 108 cases as of Sunday. A worker who assisted a family from South Asia last month could have been the infection source that led to 43 staff members contracting the virus, Changi Airport and the Civil Aviation Authority of Singapore (CAAS) said last Friday. Under the new segregation plans, terminals will be divided into three zones. There will be no mingling between those in Zone 1 – the highest risk area – and those in other zones during shifts, said Changi Airport in a press release. Workers in Zone 1, including those who work at terminal piers, the arrival immigration hall and baggage claim hall, will be protected “in the highest-level PPE”. A total of 4,400 people work in this zone. Timeline: How Changi Airport became Singapore's ... » Learn More about Changi Airport to segregate workers based on COVID-19 exposure risk
Four unlinked Covid-19 cases were reported by the Ministry of Health (MOH) on May 28. In total, there were 30 new cases reported. There are 15 community cases, and 15 imported cases. This brings the total number of cases to 61,970. Four unlinked cases There are four unlinked cases among the new cases, all of which are in the community. Case 63778 Case 63778 is a 28-year-old male Malaysia national who is employed by I-VIC Logistic Pte Ltd as a delivery rider for McDonald’s at Hougang Avenue 8. He reported that he had not been cross-deployed to other McDonald’s outlets. He developed a runny nose on May 26, and was tested for Covid-19 as part of MOH's testing operations for McDonald’s delivery riders. His test result came back positive on the same day. His serology test result is positive. Case 63805 Case 63805 is a 38-year-old female Singapore Permanent Resident who works at Sri Murugan Trading Pte Ltd, located in Anchorvale. She developed a fever on ... » Learn More about McDonald’s delivery rider among 4 unlinked Covid-19 cases in S’pore