SINGAPORE - Property giant CapitaLand and more Singapore-listed companies announced temporary closures of businesses in China as the coronavirus death toll and number of infections there continues to rise.
CapitaLand also said that its wholly owned lodging unit The Ascott Ltd is proactively extending assistance to guests whose travel plans to China have been disrupted. This includes accommodating its guests if they need to stay longer and waiving cancellation fees for guests who have to change their travel plans.
The first phase of the fund will be disbursed for the procurement of medical supplies, protective gear and testing kits for hospitals in Wuhan. Its employees here will defer all non-critical travel especially to China and affected countries with known or suspected cases of the virus. Staff who have just returned from China are advised to check their temperature twice a day for 14 days. During the 14-day monitoring period, they are advised to adopt flexible work arrangements, such as telecommuting and teleconferencing.
Mr Manohar Khiatani, senior executive director of CapitaLand Group, who has been appointed as the group BCP commander, said its plans include working from alternate sites, working from home and the use of teleconferencing.
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