The COVID-19 crisis suddenly freeze up business transactions almost overnight. Many countries are in lock down. Malaysia just extended their lock down for another 2 weeks to mid April’20. My office phone keep ringing non-stop with many fellow managers asking me what to do with their Malaysian workers who are either trapped in Malaysia or where to house their Malaysian staff.

It does not help when my Managing Director called me up one night (I mean literally night time) and asked for my help to take a “voluntary” paycut in order to showcase to our Corporate Head Office that we are taking action to ensure the survivability of our Singapore business where business volume supporting retail clients crashed by 70% to 90%. The strange thing is that although my boss said that it is a “voluntary” pay cut request till end of the year, he made it sound like it is