DUBLIN — Ireland’s banks have been flooded with record savings in 2020 after government restrictions forced many pubs, retailers and restaurants to close for months due to the coronavirus pandemic. The Central Bank of Ireland announced on Monday that household bank deposits in October hit “the highest on record,” reaching 123 billion euros (147 billion dollars). Some of those savings are unlikely to last, with Retail Ireland, an industry body, on Monday predicting an extra 1.2 billion euros would be spent over Christmas. Many retailers will reopen on Tuesday as Ireland’s second coronavirus lockdown ends after six weeks. Retail Ireland said earlier this month that “footfall in Irish retail has fallen more than anywhere else in Europe.”
KUALA LUMPUR — Singapore on Tuesday began allowing activities that “do not pose high risk of transmission” to resume after two months of lockdown, despite reporting the second-highest number of coronavirus cases in East Asia. Some offices and factories resumed operations, children went back to school, while places of worship began to open their doors. Singapore’s Prime Minister Lee Hsien Loong said on Monday that the relaxation will likely prove “a big relief to all” but one that is “certainly not without its risks.” The wealthy city-state, an investment and trade hub whose seaport and airport rank among the world’s busiest, has diagnosed 35,292 cases of the new coronavirus, more than any country in East or South-East Asia except for China. Most of the cases are among foreign migrants confined to dormitories, though the related death toll, at 24, is one of the world’s lowest.
KUALA LUMPUR — Business and consumer activity in South-East Asia’s third-wealthiest economy is inching back towards pre-pandemic levels, going by data published almost a month after the end of a strictly-enforced lockdown. Monday’s IHS Markit Purchasing Managers’ Index (PMI), a widely cited survey of businesses, showed manufacturing rising in May after a record low in April, when Malaysia was in lockdown. According to IHS Markit, the May rebound in business activity came “amid reports that some firms had restarted production following a partial lifting of lockdown rules.” However, the PMI survey showed the May bounce-back as “indicative of a further deterioration in manufacturing sector conditions” – as overall performance remained below the 50 mark, which Malaysia last hit in January. If the PMI reads below 50, it suggests businesses are cutting back.
KUALA LUMPUR — Starting May 4, Malaysia will wind back restrictions aimed at stemming the spread of the new coronavirus, Prime Minister Muhyiddin Yassin said on Friday. Acknowledging that curbs imposed since mid-March were hurting commerce, Muhyiddin said during a Labour Day speech that “we must find ways to balance between healing the nation’s economy and addressing Covid-19.” A total of 6,002 people in Malaysia have contracted Covid-19, the disease caused by the novel coronavirus, with 102 people dying in thr country and more than 230,000 people globally. Almost 70 per cent of people who tested positive in Malaysia have recovered, according to Ministry of Health data, with new case numbers dropping to an average of 57 a day over the past 10 days.
KUALA LUMPUR — During a televised speech on Thursday night to mark the start of the Muslim holy month of Ramadan, Malaysian Prime Minister Muhyiddin Yassin announced that a lockdown aimed at stemming the coronavirus pandemic will be extended until May 12. Although Malaysia’s new cases of Covid-19, the disease caused by the virus, have dropped to well below 100 a day over the past week – and recoveries among the infected have risen to 63 per cent of the 5,603 confirmed total – Muhyiddin did not rule out extending the restrictions beyond mid-May. “You may not be able to celebrate Hari Raya (the holiday marking the end of Ramadan) in your kampung (village),” the prime minister warned. The lockdown, known officially as a Movement Control Order, was first imposed on March 18 and has now been extended into a fourth two-week phase.
KUALA LUMPUR — Heineken and Carlsberg will have to close their Malaysia-based breweries to comply with an ongoing lockdown, the Muslim-majority country’s government announced on Monday afternoon. Defence Minister Ismail Sabri Yaakob said during a press conference that the decision was taken after the government was criticized for allowing the factories to operate. “Social media platforms like Facebook, Instagram, WhatsApp groups and many more were questioning why the Heineken and Carlsberg factories were still allowed to be open,” Ismail said. Both the youth wing of Bersatu, the party of Prime Minister Muhyiddin Yassin, and the Parti Islam se Malaysia (PAS), which is part of the governing coalition, had questioned whether the breweries should be listed among the “essential” businesses allowed operate during the lockdown, which is aimed at stemming a recent surge in cases in Malaysia to 3,662
KUALA LUMPUR — Announcing an effective lockdown that will run for a month from April 7, Prime Minister Lee Hsien Loong told Singaporeans on Friday afternoon that the country needs to “make a decisive move now” to stop the coronavirus. “We will close most workplaces except for essential services,” Lee said, touting the move as a “circuit breaker” aimed at interrupting a startling jump in infections over the past week. Singapore has seen the number of cases of Covid-19, the disease caused by the virus, rise to 1,114. Five people have died, the latest fatality announced on Friday morning. Most of this week’s diagnoses have been described by the Health Ministry as “local,” after a period of weeks when most of the new cases originated in homebound Singaporeans and were labelled “imported.” “For half of these [new] cases we don’t know where or from whom they caught the virus,” Lee said
KUALA LUMPUR — Malaysia has arrested at least 1,100 people for violating a lockdown aimed at curbing a recent spike in coronavirus cases to 2,626, the highest reported national total in Southeast Asia. During a Monday press conference streamed via Facebook, Defence Minister Ismail Sabri Yaakob said that 828 people were detained on Sunday for breaching movement restrictions imposed on March 18. Police had earlier announced over 300 arrests for alleged violations such as jogging and playing football. One suspect, a 61-year-old cardiologist, told police that running should be permitted for health reasons. A video of the encounter went viral on Malaysian social media last week ahad of the accused pleading not guilty in court on Monday. Giving notice of further restrictions aimed at halting the spread of Covid-19, the respiratory disease caused by the new coronavirus pandemic that has killed almost 35,000 worldwide, Ismail said Malaysia’s shops will reduce operating hours from Wednesday “All supermarkets or any premises selling essential items shall observe the new operation hours, which is from 8am to 8pm,” the minister said.
KUALA LUMPUR — An uncanny hush hung over the usually bustling streets of Kuala Lumpur on Wednesday as Malaysia began a two-week partial lockdown aimed at reversing an alarming recent surge in coronavirus cases to nearly 800. “Sometimes it takes an hour, now the streets are nearly empty,” said Roslee Mohamad, who had just parked after a short drive between two downtown shopping malls in Malaysia’s commercial capital. The government’s measures, announced Monday night and in effect until March 31, include the banning of foreign visitors and the shuttering of most businesses except for “essential services.” Inside Pavilion, one of the city’s swankiest malls, most shops were closed except for grocery stores and pharmacies, while customers are barred from dining in restaurants. “We are just open for takeaway,” said Janet Unite, cashier at a cafe inside the mall.