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108000 singapore workers affected by coronavirus to receive up to s300

📉 Brokers' takes:

- DBS downgrades SIA Engineering by two notches to "fully valued" from "buy", and slashes its target price to S$1.35. The research team said the heavy maintenance segment has been stuck in the doldrums and will not be able to cushion the fall in line maintenance revenues.
https://bit.ly/396roUH

- CGS-CIMB upgrades OCBC to "add" as the bank's shares now trade close to their 0.8 price-to-book value ratio seen during the global financial crisis (GFC). The analysts also noted that OCBC’s share price was more resilient than its peers during the GFC and Asian financial crisis.
https://bit.ly/2xVsc1N

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