Relief measures reprieve for builders, but month-long shutdown a dampener

Said Jesica Lee, chief financial officer of International Cement Group :"The additional government measures on jobs support schemes will help to defray a significant portion of our staff costs as we have many non-local employees.

Ms Lee also said that ICG is waiting for more information on rental rebates from their landlords. The government's new Covid-19 bill providing temporary relief from some legal obligations in light of the coronavirus outbreak"will definitely help". Its principal design-and-build subsidiary, Boustead Projects E&C, will suspend non-essential construction activities at all of its construction sites in Singapore, except where exempted by the authorities, and only resume full operations when the circuit breaker ends.

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10 businesses warned for operating even though they were non-essentialSOME errant businesses may be attempting to dodge workplace suspension measures, which come as part of month-long 'circuit breaker' measures that took effect on Tuesday. Read more at The Business Times.
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