It is possible that the Hong Kong travel bubble has delayed new restrictions

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A woman jogs past the encircled Merlion Park on June 12, 2020 in Singapore.

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Singapore – Singapore standard Straits Times Index It closed 2.18% lower on Friday after the government announced further tightening of Covid-19 restrictions and the possibility of postponing the air travel bubble with Hong Kong again.

Aviation stocks were hit hard. Singapore Airlines It fell 5.66% while item, Aircraft catering and ground handling company for airports, with 3.91%.

The Singapore government said it was “very likely” to be a dossier Bubble travel with Hong Kong It won’t start on May 26 as planned. This comes at a time when the Southeast Asian country has tightened measures to limit the rise in local cases of Covid virus, including stopping all dining services and limiting public gatherings to two.

The air travel bubble between Singapore and Hong Kong would have allowed travelers to bypass the quarantine. It has experienced multiple delays from its initial launch date in November 2020 as Hong Kong reported a resurgence of Covid-19 cases.

Both Singapore and Hong Kong are major business centers in Asia without domestic air travel markets. The tourism and aviation industries, which depend heavily on international travel, have been hit hard by the epidemic.

Singapore’s Transport Minister Aung Yi Kong said Hong Kong is now a “very safe area”, with few new cases of COVID-19 every day. However, infections in Singapore are on the rise and the debtor country will likely not meet the threshold to start a travel bubble.

Singapore and Hong Kong previously agreed to suspend travel arrangements if the number of unrelated domestic Covid cases in either city exceeds five on a seven-day moving average basis.

In an initial update The Singapore Ministry of Health said on Friday that it had confirmed 52 new cases of COVID-19. Of the cases, 24 were locally transmitted infections – four of which were not related to previous cases.

The latest figures bring the number of cumulative confirmed infections in Southeast Asia to more than 61,500, according to Ministry of Health data.

Meanwhile, Hong Kong on Friday One case was imported, Bringing the total number of confirmed or probable infections to 11,819 since the outbreak of the outbreak, Official data showed. The city has recorded 210 deaths, according to the data.

Ong said he had spoken with Edward Yao, Hong Kong’s Minister of Trade and Economic Development, about Singapore’s COVID-19 situation. Ong said the two sides will make a decision early next week on whether to go ahead with launching the air travel bubble.

Singapore tightens restrictions

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