Earning season for Singapore Banks have started and this will be a particularly important one. Banks will be reporting their Q1 results and DBS was the first to report their Q1 earnings earlier this week. More importantly, the 3 local banks will also be talking about the impact of COVID-19 on their business and impact on current loan book. I was looking forward not only to the assessment of the COVID-19 situation and the government relief measures on DBS’s business operations, but also its view on the impact on different sectors of the economy. After all, as a key provider of credit to the sector, it has a front row view on the ensuing damage that the COVID-19 virus and Circuit Breaker is having on our economy. Here are some of the key takeaways: 1.  DBS Group reported net profit of SGD 1.17 billion for first-quarter 2020, a 29% decline from a...