I spend the majority of yesterday compiling this at my workplace and my boss thought it will benefit the readers over here as well. It is filtered. The unfiltered version is not in this post but in Chan Chun Sing‘s leaked recording and this snippet from Channel News Asia: Basically, the SMEs are really facing seriously tight working capital issues. And the government’s number one priority is to stop the SMEs from cutting employees during this period. Here is my summary of our clients and what we think the right financial posture should take at this point. I think our clients should do OK and my tone has to be more measured. My readers should mostly do OK as well. If there is one thing I would like to emphasize, it is I hope this series of unfortunate & challenging issues can turn around quickly if not there...