Time to review Project Completion Period deadlines
This needs to be done, given the numerous pandemic-induced issues plaguing the construction and real estate industries.
COVID-19, with its far-reaching and unpredictable spread, is morphing into a "black swan" event that will continue to derail economic, business and social activities worldwide.
There is the prospect of an economic recession this year as more countries have declared lockdowns to contain the pandemic.
These involve mandatory geographic quarantines, travel bans and recommendations to stay home, close schools and businesses, and restrict mass social gatherings.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.