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SIA slides following govt travel directive
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Fiona Lam
Published Mon, Mar 16, 2020 · 09:50 PM
Singapore
SHARES of Singapore Airlines (SIA) fell S$0.46 or 6.4 per cent to close at S$6.74 on Monday, after the government announced new measures to reduce the spread of Covid-19.
From 11.59pm on Monday, all travellers entering Singapore with recent travel history to Asean countries, Japan, Switzerland or the UK in the last 14 days will have to comply with a new 14-day stay-home notice. Furthermore, the government has advised all Singaporeans to defer non-essential travel abroad. This will curtail further the leisure travel market.
