SINGAPORE - Business assets such as machinery and hire-purchase cars will be protected from repossession under the Covid-19 Bill passed in Parliament on Tuesday .
"So the aim of the Bill is to help them retain their business and their vehicles, where it makes sense to do so." The outstanding value of hire-purchase agreements related to motor vehicles at the end of last year is estimated to be have been about $2 billion, said Mr Shanmugam.
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Nothing for Indian businesses in Little India. There we only have cameras for surveillance :)