News

Singtel led the gains amongst top active stocks with a 3.97% jump.

And jail and fines were imposed for employers who refuse work from home.

The improvement came from 98.9% occupancy rate in their assets.

The bank also launched relief measures to support its clients.

All principal and interest on all term loans have been automatically deferred.

Its subscribers might churn once the plan is no longer free.

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.