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Over 7,600 businesses loaned about S$7.1 billion

Applicants under government-assisted schemes mostly from wholesade trade, manufacturing and construction
By Lynette Tan
The Business Times
Over 7,600 businesses loaned about S$7.1 billion
Hygge, a retailer at Haji Lane catering primarily to tourists, saw takings start to slide around March when travel restrictions were increasingly implemented to curb the spread of the virus.
23 Jun 2020 - 05:50

Singapore

MORE than 7,600 businesses in Singapore borrowed about S$7.1 billion from government-assisted schemes over the past few months, with most of the loan applications coming from the wholesale trade, manufacturing and construction sectors.

And the loan value, amassed from

LOANSEnterprise Singapore

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