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In order to qualify for relief under the Covid-19 (Temporary Measures) Act, you would first need to serve a Notification for Relief (‘NoR’) on the relevant parties. A NoR must follow a prescribed template set out at Form 1. You may make modifications but you should adhere to the prescribed template as far as possible...

It is an understatement to say that SMEs has been hit hard by Covid-19. The unprecedented and widespread disruptions to business operations have thrown many businesses into financial disarray. SMEs often does not have deep pockets to weather a prolonged period of cessation of business operations and it is understandable that SME owners are concerned...

(1) Performance bonds in construction-related contracts If you are a party to a construction or supply contract entered into before 25 March 2020, you may have been required to procure a performance bond issued by a financial institution or an insurance company. As a result of COVID-19 and the resulting Circuit Breaker measures, you may...