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Singapore financial institutions advised to act amid nCoV outbreak

Singapore's central bank has asked domestic financial institutions to take additional measures and precautions after the Government raised the alert level on the coronavirus outbreak.
Singapore financial institutions advised to act amid nCoV outbreak ảnh 1Illustrative image (Photo: AFP/VNA)

Hanoi (VNA) -
Singapore'scentral bank has asked domestic financial institutions to take additionalmeasures and precautions after the Government raised the alert level on thecoronavirus outbreak.

In its statement released on February 2, the banksaid the financial institutions should continue to maintain effective internalcontrols across their operations, and anticipate and be prepared to manage anyincrease in demand for certain financial services, such as cash withdrawal oronline financial services.

Therecommendations were made after the SingaporeanGovernment raised its alert for coronavirus outbreak to Orange on February 7, following the confirmation offour infection cases of unknown origin in the country.

With the alert level now raised to Orange,Singapore will focus on efforts to manage the situation, Health Minister Gan Kim Yong said.

In a related move, a second flight bringing 174 Singaporeans and their familymembers home from the Chinesecity of Wuhan, where the outbreak of the novel coronavirus originated, arrivedat Changi Airport February 9 morning, according to the Singaporean Ministry ofForeign Affairs (MFA).

The returning passengers will undergo medicalscreening upon arrival at the Changi Airport. Those with fever or respiratorysymptoms will be taken to designated hospitals for further examination whilethe remaining passengers will be quarantined for 14 days, the ministry said.

The aircraft had also flown some Chinese nationals back home to Wuhan, the ministry added.

The first flight to evacuate Singaporeans fromWuhan landed at the Changi Airport on January 30 with 92 Singaporeans onboard./.
VNA

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