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Easing of Phase 2 measures spells good news for CapitaLand Mall Trust and ComfortDelGro, says CGS-CIMB

Amala Balakrishner
Amala Balakrishner9/24/2020 02:28 PM GMT+08  • 3 min read
Easing of Phase 2 measures spells good news for CapitaLand Mall Trust and ComfortDelGro, says CGS-CIMB
The easing of Singapore’s Phase 2 measures spells good news for ComfortDelGro and CapitaLand Mall Trust.
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The lower case count of Covid-19 infections in Singapore has pushed the authorities to ease its Phase 2 measures which took effect on June 19.

Starting September 28, employees – most of whom had been working from home since the circuit breaker measures were imposed on April 7 – will be allowed to return to office for half of their working hours.

Office spaces would have to maintain safe distancing measures and ensure that no more than half of their employees whose jobs can be done at home, are at the workplace.

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