After a mandated shutdown due to the COVID-19 pandemic, a small factory making fitness accessories in China’s Hunan province roused back to life in late February. New measures mandated the wearing of protective gear, like masks, but otherwise production was… Read More>>
Singapore Developers Welcome S$48.5B COVID-19 Relief Package
Singapore developers, REITs and property analysts have thrown support behind the city’s new Resilience Budget, a S$48.5 billion ($34 billion) COVID-19 stimulus package that includes a 100 percent property tax rebate for qualifying commercial properties.
Minister for Finance Heng Swee… Read More>>
CapitaLand Freezes Wages as Retail Sales Plunge
CapitaLand is freezing wages company-wide as one of a series of measures to counter the impact of the coronavirus outbreak on its business, according to a company announcement.
The Singapore-based real estate group said that the wage freeze, which applies… Read More>>