Singapore passed a new bill that gives temporary relief to businesses and individuals if they are unable to fulfill their contractual obligations due to the coronavirus outbreak such as paying rent. “If you insist on your minutest every single contractual right at this point, that will suck the life out of the economy. You have got to protect everyone,” Singapore’s minister for home affairs, K Shanmugam said.
Read here (CNBC, April 8, 2020)
