- Regulators in Asian hubs like Singapore and Hong Kong have threatened to retaliate against European Union plans to force airlines to start using take-off and landing slots frozen during the coronavirus pandemic, a move that could oblige Europe's carriers to fly empty seats for thousands of miles at a loss.
A group of migrant workers visited Singapore's Little India area on Wednesday for their a first taste of freedom in more than a year, under a pilot programme to ease movement measures imposed to halt a spike in coronavirus infections in dormitories.
Singapore's finance minister Lawrence Wong said on Tuesday companies would move their business to other places if the financial hub's policies turned overly restrictive, which would send its small and open economy into a tailspin. "If we are not careful, decades of hard work to build up our business hub will be wasted, our economy will contract and go down in a tailspin," Wong said in parliament.
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