Over the past few days, we have seen how companies are stepping up and helping the business communities weather through the current COVID-19 virus. We see some banks allocating money to companies, especially the SME for cashflow management. While others are offering an extension in loan repayments or interest-only payment loans. While property developers are slashing retail rents to help out with the lower foot traffic during this period. I have collated some of these articles below:
DBS sees small hit from coronavirus; rolls out relief measures for mortgages, SME property loans
UOB sets aside S$3b as relief assistance to SMEs
Hong Kong Landlords Start to Slash Retail Rents as Virus Bites
The last article on Hong Kong Property Landlords slashing retail rents got me thinking, while it is great that they are
...