News

Staff were put on leave after one of the employees was diagnosed with COVID-19.

A total of 65 SGX primary-listed stocks conducted buybacks in March.

The 7x Short SiMSCI DLC gained 387% on the back of the index’s decline.

DBS saw the sharpest decline amongst top active stocks with a 2.26% drop.

And Manpower minister plans on penalties for firms who are not following the guidelines.

Three main sectors of the economy fell due to the escalating outbreak in the country.

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.

Mainland Chinese homebuyers dominated sales in the region.

It is available to those owing money to banks and licensed moneylenders.

Lower condo prices in CCR may have been due to lower median price sales at The M.

These include a waiver of gross rental for April 2020 and rent cuts of 15%-25%.

Policies will remain valid throughout the period.

It is expected to be completed in Q3.

Yanlord Gardens sold the most number of units at 209.

The notes have a fixed coupon rate of 2.88% per annum and are payable semi-annually.

It plans to expand its platform to more markets this year.