SINGAPORE: ComfortDelGro Group on Monday announced that its board of directors and senior management would be taking voluntary fee and pay reductions amid the ongoing COVID-19 pandemic.
Directors of the group's three listed companies - ComfortDelGro, SBS Transit and VICOM - will take a voluntary 20 per cent cut in directors' fees until the end of the year.Group CEO and managing director Yang Ban Seng will take a 15 per cent pay cut, while all senior management staff members ranked vice-president and above will see a 10 per cent salary reduction.
The cuts will be effective from April and will be reviewed at the end of June, said the group in a media release.Advertisement “These are extraordinarily difficult times. Our taxi drivers, who are our key partners, are already reeling from the dramatic fall in demand - not just in Singapore but in all the locations we operate in," he said."My senior management and I are doing whatever we can to ensure that we ride through this storm together as a group," he added."We are not alone in this and we are thankful for strong governmental support in these challenging times.
As a former cdg cabby , i like to say , orbi goot , 你都会有今天 ， 报应 。
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Circuit-breaker measures must be taken seriously for Singapore to beat Covid-19: Lawrence WongSINGAPORE — National Development Minister Lawrence Wong on Sunday (April 5) urged the public to take the upcoming “circuit-breaker” measures seriously, as on these rests Singapore’s chance of controlling the spread of the Covid-19 disease. We listened to Sia Suay kia n did not wear masks. SG also didnt take preventive measures (shut schools, ban travels, stop work, etc) early enough - instead SG tried to play cool with progressive piecemeal solutions as cases worsened day after day. Hope SG wins this virus fiasco.
Source: TODAYonline - 🏆 1. / 99 Read more »
COVID-19: Singapore reports single-day high of 120 new cases, 3 more clusters; total 1,309SINGAPORE — The Ministry of Health (MOH) confirmed on Sunday (5 April) 120 more coronavirus cases here – the highest number of cases in a single day to date – bringing the country’s total to 1,309.
Source: YahooSG - 🏆 3. / 71 Read more »
Only Malaysians certified free of Covid-19 can return home from Singapore, says Malaysia's senior ministerKUALA LUMPUR — Senior minister Ismail Sabri Yaakob said on Monday (April 6) that Malaysians working in Singapore can only return if they have been certified free of the Covid-19 infection by Singaporean health authorities.
Source: TODAYonline - 🏆 1. / 99 Read more »
75 new COVID-19 cases in Singapore; events venue in Tanjong Katong among 4 new clustersSINGAPORE: A total of 75 new COVID-19 cases were reported in Singapore on Saturday (Apr 4), the highest daily increase to date, bringing the ... This is depressing. 😔 Pls stop gathering , mask up,wash hands, do ur part,rmb safe distancing to minimize spread of virus, dont later regret, cry father cry mother also no use
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
COVID-19: Singapore confirms new high of 75 cases, four new clustersThe Ministry of Health (MOH) announced on Saturday (4 April) that there are 75 more coronavirus cases here, bringing the country’s total to 1,189.
Source: YahooSG - 🏆 3. / 71 Read more »
COVID-19: New website provides updates on crowd levels in Singapore mallsSINGAPORE: A website has been launched to provide the public with regular updates on crowd levels in malls across Singapore amid the COVID-19 ... Yeah
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »