Retirees can use Vanguard bond ETFs as a source of income, but these ETFs could provide benefits to other investors too.
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Is there a place in your portfolio for bond ETFs?
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Facebook scrambles as use soars in time of isolation
Facebook said Wednesday it would place “authoritative” coronavirus content at the top of user feeds as it scrambled to keep up with increased usage and stem the flow of misinformation on its platform and WhatsApp messaging.
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(Video) Police deploy in numbers to enforce restricted movement order
PETALING JAYA: Selangor police went full force tonight in enforcing the restricted movement order on its first full day, by mounting roadblocks and conducting checks on business outlets that continued to operate as usual.
Dozens of police teams were despatched to various areas in the Klang Valley to detect shop operators who had defied the order and to ensure that their businesses were shut down.
Car repair workshops, car wash centres, vape stores and religious gatherings were among those approached by the police teams.
In Petaling Jaya, district police chief ACP Nik Ezanee Mohd Faisal said that about four roadblocks are in place round-the-clock for conducting checks on motorists who remain outdoors.
“We are focusing on educating our communities on the importance of staying indoors,” he said.
In Kuala Lumpur, similar efforts were taken by state police.
A police four-wheel-drive vehicle was seen moving in the city with loudspeakers playing announcements urging the public to observe the restricted movement order.
Elsewhere, food stall operators who defied the order were advised to close down and return home.
Although police have the powers to detain those who defied orders to remain indoors, Inspector-General of Police Tan Sri Abdul Hamid Bador said on Tuesday that a softer approach of advising and issuing warnings will be adopted in the early stages of the order’s implementation.
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Tesla factory could be shut under California health order
The Tesla factory that employs thousands of people could be forced to close after Alameda County on Tuesday night declared it a “nonessential business” under the county’s shelter-in-place order.
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Do not bring family to buy essential goods: NSC
PUTRAJAYA: There is no restriction on individuals going out to buy essential goods when the Movement Control Order comes into effect from March 18 to 31 throughout the country, but they are not allowed to bring their family members along.
National Security Council (NSC) Maritime Sovereignty Division director Roselin Rajab said the order was aimed at reducing the movement of people in public places in the effort to curb the spread of the Covid-19 infection.
“There is no problem if you want to buy daily necessities but do not bring the entire family and children for the chore. Just go out alone,” he told reporters after a special Covid-19 meeting between Communications and Multimedia Minister Datuk Saifuddin Abdullah and media editors, here today.
In terms of surveillance, Roselin said the authorities would be monitoring to ensure there is no assembly or gathering at public places.
“If we come across people meeting in a place, they will be told to return home,” he said.
On transit flights at the country’s airports, Roselin said these passengers would not be allowed to come out of the terminal.
“As they are on transit, the passengers would not be allowed come out of the terminal. This is because, they have not entered the country so long as they do not pass the Immigration checkpoint,” he said.
The Movement Control Order was announced by Prime Minister Tan Sri Muhyiddin Yassin on Monday to prevent the virus from infecting more people. – Bernama
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830 more nurses for government hospitals, says Health Minister
KUALA LUMPUR: The Ministry of Health (MOH) will place 830 nurses in government hospitals to tackle the spread of Covid-19 in this country, according to Health Minister Datuk Seri Dr Adham Baba.
He said their appointments on a contract basis was to beef up the manpower capacity at 135 government hospitals across the country in view of the spike in Covid-19 cases since last week.
“They, comprising nurses who have completed their studies at the ministry’s nursing colleges, will serve for two years,“ he said at the daily media conference on Covid-19, here today.
Dr Adham said Malaysia had sufficient medical manpower including more than 60,000 doctors in the public and private sectors.
“We have enough (professional medical practitioners) in every state at this moment but what we need now is (more) infectious disease physicians,“ he added.
Besides that, he said the MOH had 926 medical ventilators including 152 non-invasive ventilators and 142 transport ventilators.
“The ministry is ordering 800 more ventilators to meet the current need,“ he added.
On a related development, Dr Adham said of the attendees at the recent four-day Tabligh Assembly held at Sri Petaling Jamek Mosque, more than 7,000 had come forward for Covid-19 screening.
However, he said, the MOH did not know yet the number of positive cases. – Bernama
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The Importance of Knowing Your Audience
As a marketing or sales professional, knowing your customer is vital for success. Taking extra care to understand what your customer values will help you to communicate in an effective manner with him or her. Customers want to receive assurance about certain things before they purchase a product or invest in a service. They may want to know that a product or service is reliable, will remedy a certain problem or has an extensive warranty in place.
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3 Ways To Get Your Inner Critic Off Your Biz’s Board of Directors
Is your Inner Critic residing on your business’s board of directors (aka the place in your head where you make business decisions)? Here are 3 ways to get him or her OFF your board of directors for good.
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Malaysia gets special consideration in Singapore’s new travel restrictions
SINGAPORE: The new border restrictions on travellers including those from Asean do not include Singapore’s sea and land crossings with Malaysia, meaning Malaysians and Singaporeans can commute from both sides as usual.
Singapore’s Co-chair of the Multi-Ministry Taskforce on Covid-19, Lawrence Wong, said while the order applies to the whole of Asean, a separate arrangement has been worked out for Malaysia through the bilateral joint working group.
Special considerations have been put in for Malaysia because of the close proximity and high interdependency between both countries.
“We do need precautions to be taken, given the high volume of people and vehicles moving in and out of these checkpoints,” he said today when announcing the additional measures that Singapore would be taking on the Covid-19 situation starting midnight on Monday.
Effective March 16, 2020, 2359 hours, all travellers entering Singapore with recent travel history to Asean countries, Japan, Switzerland, or the United Kingdom within the last 14 days will be issued with a 14-day Stay-Home Notice (SHN).
Wong, who is also the National Development Minister, said that on land crossing alone 200,000 people move across the checkpoints daily and the imposition of a 14-day SHN requirement would be very difficult and very disruptive for both countries.
“So the 14-day requirement will not be practical for these travellers and we need to look at other precaution like checking their health. So discussions are ongoing between the two sides,” he said.
The latest travel order applies to Singapore residents, long-term pass holders, and short-term visitors as well but not those transiting in Singapore without leaving the transit area.
In addition, they will have to provide proof of the place where they will serve the 14-day SHN, for example a hotel booking covering the entire period, or a place of residence they or their family members own.
They may also be swabbed for testing for Covid-19, even if asymptomatic because of the risk of community transmission in the countries of their origin and evidence of cases that have been imported from these countries into Singapore.
In addition to the SHN requirement, from March 16, 2020, 2359 hours, all short-term visitors who are nationals of any Asean country will have to submit requisite information on their health to the Singapore Overseas Mission in the country they are resident before their intended date of travel.
The submission will have to be approved by Singapore’s Ministry of Health (MOH) before travel to Singapore, and the approval will be verified by the Immigration and Checkpoints Authority (ICA) officers at the Singapore checkpoints.
Short-term visitors who arrive in Singapore without the necessary approval will be denied entry into Singapore and they are therefore advised to secure the approval before making definitive travel bookings. — Bernama
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Singaporeans should avoid overseas travel, government says
SINGAPORE: Singapore’s health ministry on Sunday urged its citizens to defer all non-essential travel abroad in an unprecedented move for the Asian transport hub, as part of new measures to control the coronavirus that is fast spreading around the world.
Singapore will also tell all entering the country with recent travel history to the Asean group of nations, Japan, Switzerland or the United Kingdom to quarantine themselves at their place of residence for 14 days, the ministry added.
The Association of Southeast Asian Nations (Asean) comprises Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Laos, Myanmar, Cambodia and Vietnam.
Countries, such as the UK and Switzerland have “abandoned” any attempt at containing the spread of the infection, said Lawrence Wong, a minister who co-heads Singapore’s virus fighting taskforce.
“That’s why we are more concerned that Singapore may well be exposed to a new wave of infections, which is potentially larger than what we have seen previously.”
The majority of new infections being reported in Singapore, an island nation with a population of 5.7 million, over the past few days have been people returning from overseas rather than local transmissions.
At least five cases of Singaporeans have been linked to a large religious gathering in Malaysia that was attended by more than 10,000 people from several countries.
Short-term visitors who are nationals of its Southeast Asian neighbours will also have to seek prior approval from the health ministry before their journey to prevent hospitals from being overwhelmed.
The restriction comes after a number of cases that entered Singapore with the specific purpose of seeking healthcare, the health ministry said. There have been two cases of Indonesians who had coronavirus symptoms at home before arriving in Singapore, known for its superior healthcare facilities.
The measures will be reviewed after a month. They will not apply to sea and land crossings with Malaysia, which will have separate precautions. Wong said 300,000 people a day move across the land checkpoints with Malaysia.
The Asian travel hub has previously announced bans on visitors from several coronavirus-hit countries, including China, Italy and France.
Singapore has won international praise for its painstaking onslaught on the virus since it initially emerged with one of the highest tallies of infections outside China. But other nations have since outpaced it.
Singapore has reported 212 infections, but no fatalities. Globally, more than 150,000 people have been infected while over 5,800 have died, a Reuters tally shows. — Reuters
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