SINGAPORE (June 1): Some 40% of Singaporeans and permanent residents (PRs), who currently have investments, say they intend to reduce their investment. Sixteen per cent of them said they will reduce theirs by more than 20%.

This was according to the findings of the OCBC Financial Impact Survey for Covid-19 today. The survey, which looks to measure the financial impact on Singaporeans during the global pandemic, was conducted in mid-May.

The survey, comprising some 1,000 Singaporeans and PR working adults between the ages of 21 and 65, found that about 70% had enough savings to ... (click on link for full story on theedgesingapore.com).