News
64% of Singaporeans believe they will lose more money in 2020
64% of Singaporeans believe they will lose more money in 2020
Faith in the government still remains at a high level. 64% of Singaporeans expect they will be financially worse off in 2020 compared to 2019, according to a Blackbox survey. This increased by 19 percentage points from the 45% who said the same in the post-Budget carried out in February. Meanwhile, 7% of Singaporeans said they have lost their job already, whilst 15% have had their wages reduced, and 17% are working lesser hours. Despite the worrying economic circumstances, faith in the Government remains at a high level, with a full 54%, scoring 8 out of 10 in the resilience budget. The average score was 7.4 out of 10, up from 6.7 in comparison to February’s budget. However, 85% of those surveyed said the government should postpone the general election until after the crisis is over. The impact of the coronavirus is hitting the country both in health and economic terms as apart from reported job losses and reduced wages/working hours, 31% of Singaporeans are now also working and studying from home. In addition, 76% believe the number of cases will continue to increase in the next two weeks, whilst 5% of Singaporeans know someone who has contracted the virus and 4% have a family member who has contracted it.
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Mainland Chinese homebuyers dominated sales in the region.
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OUE introduces rental relief package
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LIA Singapore offers six-month grace period for premiums
Policies will remain valid throughout the period.
Keppel Land China sells stake in Jiangyin site for $94.5m
It is expected to be completed in Q3.
Yanlord collected $567.5m pre-sales on three apartment launches in China
Yanlord Gardens sold the most number of units at 209.
SATS issues $200m fixed rate notes
The notes have a fixed coupon rate of 2.88% per annum and are payable semi-annually.
Doctor Anywhere bags $38.44m Series B funding
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Ascendas Reit buys 25% stake in business park property for $102.91m
The property has a gross floor area of 68.835 sqm.
HDB resale price held steady in Q1
The pandemic may have negated the positive growth in the recent months.
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Singtel raises $2m for COVID-affected groups and frontliners
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ComfortDelGro Taxi extends rental relief until September
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Court hearing for FLT-FCOT merger set on 3 April
FCOT will be delisted on 29 April.
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