09-03-2020, 07:27 PM
(This post was last modified: 09-03-2020, 08:30 PM by dreamybear.)
The latest taking such actions is now Singtel, which I think so far is the biggest company here doing so ? If the local banks follow suit, I think we cld perhaps be finally seeing a serious property correction after so many good years. I cld be wrong but I do not recall GFC in years 2008/2008 having such a big impact(even if there was, I think it was quite shortlived).
Perhaps the situation now is closer to SARS in 2003 ?
On a sidenote, with the STI down 6% today realised quite a number of my GTD orders were automatically executed(now I know the disadvantages, lol), there are quite a number of bargain stocks starting to emerge.
Singtel freezing wages of all staff this year, except for operational and support workers (09 Mar 2020)
https://www.straitstimes.com/business/co...tional-and
Perhaps the situation now is closer to SARS in 2003 ?
On a sidenote, with the STI down 6% today realised quite a number of my GTD orders were automatically executed(now I know the disadvantages, lol), there are quite a number of bargain stocks starting to emerge.

Singtel freezing wages of all staff this year, except for operational and support workers (09 Mar 2020)
https://www.straitstimes.com/business/co...tional-and