cash conservation

People appear to be bunkering cash amid the Covid-19 outbreak, according to a study that seeks to debunk the notion that the pandemic was hastening the demise of paper money due to e–commerce or fears of infection.

OCBC analyst Andrew Wong is advising investors to look for names with established market positions and solid access to external capital. He is also calling for investors to refrain from looking at options with high yields.

For 1Q2020 ended March, Maybank Kim Eng Research analyst Chua Su Tye says that S-REITs had a ‘decent start’ despite conserving copious amounts of cash in light of the macroeconomic uncertainty.

CEO of CMT’s manager Tony Tan says that the group has retained 69%, or $69.6 million, of its taxable income for the quarter to maintain its financial capacity and flexibility.

SINGAPORE (Apr 30): There is no question that the Covid19 pandemic and resulting restriction on movements will inflict significant economic pain on businesses on a global scale. Most government aid packages are currently focused on helping to tide small a

CGS-CIMB analyst Eing Kar Mei opines that CMT remains well positioned to “sail through the tough times and emerge stronger later”, similar to how it pulled through the 2003 SARS outbreak with minimal impact.