Straits Trading evaluating use of space as Covid-19 confines people to homes and alters their perception of real estate
It expects near-term impact across its various segments but is confident business will continue to grow in the long run
Singapore
THE novel coronavirus has confined people to their homes, radically altering the way people perceive space. This poses a fresh consideration for the team at The Straits Trading Company's real estate investment business, as it remains to be seen how the use of space will change once the pandemic blows over.
This comes as the group expects near-term impact across its various segments, but remains confident that the business will continue to grow in the long run.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
AstraZeneca says it will withdraw Covid-19 vaccine globally as demand dips
Electronic Arts forecasts annual bookings below estimates as gamers cut spending
Wynn Resorts quarterly results beat estimates on strength in Macau business
Gold prices hold ground as traders eye US Fed cues
Amazon’s AWS puts another S$12 billion into its Singapore cloud infrastructure
UG Healthcare fully acquires German subsidiary for 16.9 million euros