Covid-19

[Ben]

With the open electricity market, where the likes of Keppel Corp, Sembcorp and Singtel joining in, I think they could be asked to do NS too. Since most people now work home base, the consumption of electricity will go up for household.

[opmi]

With the open electricity market, where the likes of Keppel Corp, Sembcorp and Singtel joining in, I think they could be asked to do NS too. Since most people now work home base, the consumption of electricity will go up for household.

OT.

Singtel is a marketing agent only. No power plants. Selling their database of our details...hahah

Keppel owns power plants. I think not national service too. My guess is:

Keppel sell power to electricity pool at 9-10 cents per Kwh.

Keppell sell to retail customers like us at 17.88 cents per Kwh. Less 5 cents transmission cost, Keppel collects 12.88 per Kwh.
Still better than the pool.

Singapore Power is the one creaming those who never switch (making a decision to do nothing) and still paying regulated tariff.

Singapore Grid continued to make 5 cents per Kwh as someone used electricity. This is the cashcow that Govt wont sell..

No one doing national service here.

[Behappyalways]

Asia's factory activity plunges as coronavirus shock deepens
https://www.reuters.com/article/us-healt...SKBN21J45D


Coronavirus could cause global food shortages by April as export curbs worsen supply chain problems
https://www.youtube.com/watch?v=1rslyh7C6gs

[soros]

The latest figures of deaths due to virus posted by worldometers.com website on 2 Apr 2020 ( 29 Mar ) (26 March ) ( 24 Mar 2020 ) are :

Italy : 13,155 (10,023 )(7,503 ) (6077)
Spain : 10,003 (6,528 )(4,089 ) (2696 )
Iran : 3160 (2,640 )(2,234) (1934)
France : 4032 (2,317)(1,331 ) ( 860 )
USA : 5,115 (2,488 )( 857 ) ( 525 )
UK : 2,921 (1,021 ) (422 ) (335 )

All above figures are still rising.

[specuvestor]

It's not about rising. It's about rising less ie inflexion and death is a laggard indicator vs confirmed case. In SG with high quality medical services, the lag can be more than a month.

The chart can be seen here https://ncov.dxy.cn/ncovh5/view/pneumonia and in general it is stabilising in Europe. Problem like I said is Europe and parts of America Bo-Lui one... they can't sustain long period of lockdown without serious ramifications.

US as usual under Trump is blaming everyone except themselves. Even if you don't trust China's numbers, you can look at Korea, Taiwan, HK, SG and Diamond Princess statistics where governments pro-actively contain it. US will go through considerable pain

[Behappyalways]

Coronavirus: India's bailout may not be enough to save economy
https://www.bbc.com/news/world-asia-india-52117704


Coronavirus: global trade braces for ‘tidal wave’ ahead, as shutdown batters supply chains
https://www.scmp.com/economy/china-econo...d-shutdown


Shocking video shows horrific impact of coronavirus
https://edition.cnn.com/videos/world/202...kg-vpx.cnn


Coronavirus: Dressing up for bin night 'brings a smile' in Australia
https://www.bbc.com/news/av/world-austra...-australia

[soros]

Video ( 2 Apr 2020) of visit to Hospitals in Northern Italy : https://www.youtube.com/watch?v=tRM5yyaDkMc

[Behappyalways]

How China’s fake news machine is rewriting the history of Covid-19, even as the pandemic unfolds
https://www.scmp.com/magazines/post-maga...ng-history

[soros]

The latest figures of deaths due to virus posted by scmp.com website on 5 April ( 2 Apr 2020 ) ( 29 Mar ) (26 March ) ( 24 Mar 2020 ) are :

Italy : 15,362 ( 13,155 )(10,023 )(7,503 ) (6077)
Spain : 11,947 (10,003 ) (6,528 )(4,089 ) (2696 )
Iran : 3,452 ( 3160 ) (2,640 )(2,234) (1934)
France :7,574 ( 4,032) (2,317)(1,331 ) ( 860 )
USA : 8496 (5,115 ) (2,488 )( 857 ) ( 525 )
UK : 4,320 ( 2,921) (1,021 ) (422 ) (335 )

All above figures are still rising.

[holymage]

Hong Kong’s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city’s richest developers said.

“For these few months, you’ll probably see a 50 per cent cut in rents for the retail sector, or even more,” Edwin Leong Siu-hung, founder of property developer Tai Hung Fai Enterprises, said in an interview. His company has more than 1,000 tenancy agreements all over Hong Kong, including offices, serviced flats, warehouses and about 200 shops. With an estimated net worth of US$4.5 billion, he is Hong Kong’s 19th richest man this year according to Forbes.

“Nobody will want to start a business in these few months, and nobody’s going to open a retail outlet … unless the rents are so attractive. Otherwise, you just won’t do it,” he said.

“On a whole year basis, I wouldn’t be surprised to see a 20 per cent cut in rents for the retail sector.”

https://www.scmp.com/business/companies/...-landlords